27K views · 528 reactions | If the cedi-to-dollar exchange rate is maintained, fuel prices are unlikely to exceed 15 cedis - Godwin Edudzi Tamakloe #UTVGhana | UTV Ghana | Facebook

Each generation of Ghanaians carries its own memory of the cedi - Dr. Johnson Asiama, Governor of the Bank of Ghana tells a compelling story of the history of the cedi and renewed attempts under President John Dramani Mahama to strengthen the value of the cedi. What is your own memory of the cedi? | Radiogold905fm

Today in History, on 19 July, 1965. Cedi notes and Pesewa coins were introduced to replace the Ghana pounds, shillings and pence. The cedi was equivalent to eight shillings and four pence (8s 4d) and bore the portrait of the then President, Dr. Kwame Nkrumah. The name “cedi” was derived from the word “sedie” meaning cowrie, a shell money which gained popularity and wider circulation in the later part of the 19th Century. The “Pesewa” represented the smallest denomination (quantity) of the gold-d