The pound was the currency of Ghana between 1958 and 1965. It was subdivided into 20 shillings, each of 12 pence. Until 1958, Ghana used the British West African pound, after which it issued its own currency. In 1965, Ghana introduced the first cedi at a rate of £1 = ₵2.40, i.e., ₵1 = 100d.
Coins In 1958, bronze coins were issued for d and 1d, along with cupro-nickel 3d and 6d, 1/– and 2/–. The 3d coin was scalloped in shape. Ghanaian poundImage Value Description Date of issue Obverse Reverse Metal Weight Diameter Edge dKwame NkrumahCIVITATIS GHANIENSIS CONDITORKWAME NKRUMAHFive-pointed starGHANA 1958&The value of the coin Bronze 2.9 g 21 mm Smooth1 July 1958 1d 5.7 g 25.5 mm Plain 3d Copper/Nickel 3.3 g 19.5 mm 6d 2.2 g 16.5 mm 1/– 4.5 g 21 mm Reeded 2/– 8.9 g 26.5 mm
Banknotes
In 1958, banknotes were introduced in denominations of 10/–, £1 and £5. The £1 and £5 notes were produced until 1962 and the 10/– note was produced until 1963.
Ghanaian pound Image Value Description Years of issue Obverse Reverse 10/–Bank of GhanaStar1958-1963 £1Cocao1958-1962 £5Cargo ships and logs £1,000Art pattern1958
See also
Economy of Ghana
References
External links