Ghana Coin List

The official currency of Ghana is the Ghanaian cedi, introduced in 1965 to replace the Ghanaian pound. Throughout its history, Ghana has undergone significant changes in its monetary system, reflecting the country's economic and political evolution.

Monetary history of Ghana

Prior to independence in 1957, Ghana used the British West African pound. In 1958, the Ghanaian pound was introduced, which was replaced by the first cedi in 1965. Due to high inflation, the second cedi was implemented in 1979, with an exchange rate of 1 new cedi to 100 old cedis. In 2007, another redenomination took place, introducing the third and current cedi, equivalent to 10,000 old cedis.

Numismatic milestones

Ghana has issued several commemorative coins over the years, highlighting historical and cultural events. In 1965, a gold coin was minted to commemorate the 8th anniversary of independence. More recently, in 2007, the Bank of Ghana issued a series of commemorative coins to celebrate the 50th anniversary of the country's independence. Ghana is also known for its "Ashanti" gold coins, which are popular with collectors and reflect the country's rich cultural heritage.