Ghanaian pound

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The Ghanaian 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 pound = 2.4 cedi, i.e., 1 cedi = 100 pence.

1 Coins
2 Banknotes
3 See also
4 References
5 External links

[edit] Coins

In 1958, Bronze coins were isued for ½ and 1 penny, along with cupro-nickel 3 and 6 pence, 1 and 2 shillings. The 3 pence coin was scalloped in shape.

[edit] Banknotes

In 1958, banknotes were introduced in denominations of 10 shillings, 1 and 5 pounds. They were produced until 1962, except for the 10 shillings which was produced until 1963.

[edit] See also

Economy of Ghana

[edit] References

Krause, Chester L. and Clifford Mishler (1991). Standard Catalog of World Coins: 1801-1991, 18th ed., Krause Publications. ISBN 0-87341-150-1.
Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues, Colin R. Bruce II and Neil Shafer (editors), 7th ed., Krause Publications. ISBN 0-87341-207-9.

[edit] External links

Don's World Coin Gallery - Ghana
Ron Wise's World Paper Money - Ghana ^{Mirror site}
Tables of Modern Monetary Systems by Kurt Schuler - Ghana ^{Mirror site}
The Global History of Currencies - Ghana
Global Financial Data currency histories table ( Microsoft Excel format)

Preceded by: British West African pound Reason: independence (in 1957)	Currency of Ghana 1958 – 1965	Succeeded by: First Ghanaian cedi Reason: decimalisation Ratio: 2.4 cedi = 1 pound, or 1 pesewa = 1 penny