General News of Thursday, 14 November 2019Source: www.ghanaweb.comGhana’s currency transformation from 1957 till dateFile photoThe Ghanaian currency over the years has changed in terms of its physical look (both the notes and coins), as well as, its monetary value. Before independence, Gold Coast (now Ghana) used British West African pound, shillings and pence as the currency for British colonies, till July 1958. The 'third cedi' now called the 'Ghana cedi' was introduced by the Kufuor government on July 1, 2007, because of inflation. The Ghana cedi became the highest-dominated currency unit issued in Africa but has since lost about 80 percent of its value. British West African pounds, and shillingsThe 'old Ghana cedi'The new Ghana cedi

Source: GhanaWeb November 14, 2019 14:42 UTC