The currency abbreviation for the Ghanaian cedi - the official currency of the Republic of Ghana. The GHC was introduced on July 3, 2007. The word "cedi" derives from the African word for cowry shell, which was a prior form of Ghanian currency. Banknotes are issued in 1, 5, 10, 20 and 50 denominations. The currency is overseen and issued by the Bank of Ghana.


The current cedi is a redenominated form of a previous old cedi, which was a replacement for an older cedi that was in use between 1965 and 1967. In 1957, Ghana became the first Sub-Saharan African country to achieve independence from the United Kingdom.

  1. Currency

  2. Hard Currency

  3. Money

  4. Forex - FX

  5. Transfer Risk

  6. WM/Reuters Benchmark Rates




  4. What is the difference between barter and currency systems?

  5. What is a forward contract against an export?


Related Articles
  1. Options & Futures

    A Primer On The Forex Market

  2. Forex Education

    Currency Exchange: Floating Rate Vs. Fixed Rate

  3. Personal Finance

    The Currency Board: Understanding The Government's Bank

  4. Forex Education

    Top 7 Questions About Currency Trading Answered

  5. Personal Finance

    What Are Central Banks?

  6. Economics


  7. Economics

    Eurozone Gains Momentum--But Can It Last?

  8. Forex

    Yuan Vs. RMB: Understanding The Difference

  9. Forex

    Top Exchange Rates Pegged To The U.S. Dollar

  10. Forex Education

    Understand the Indirect Effects of Exchange Rates

    Exchange rates have a tremendous influence on the economy. Exchange rates can indirectly affect many of the most important aspects of our lives.

You May Also Like

Hot Definitions
  1. Bund

  2. European Central Bank - ECB

  3. Quantitative Easing

  4. Current Account Deficit

  5. International Monetary Fund - IMF

  6. Risk-Return Tradeoff

Trading Center

You are using adblocking software

so you'll never miss a feature!