Ghanaian pound: Difference between revisions

Ghanaian pound
Obverse and reverse of £1 banknote	Obverse and reverse of 1d coin
Unit
Plural	pounds
Symbol	£‎
Denominations
Subunit
1⁄240	penny
1⁄20	shilling
Plural
penny	pence
shilling	shillings
Symbol
penny	d
shilling	s. or /–
Banknotes	10/-, £1, £5, £1,000
Coins	1⁄2d, 1d, 3d, 6d, 1/–, 2/–
Demographics
Date of introduction	1958
Replaced	British West African pound (at par)
Date of withdrawal	1965
Replaced by	Ghanaian cedi (£1 = ₵2.40)
User(s)	Ghana
	This infobox shows the latest status before this currency was rendered obsolete.

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Latest revision as of 21:13, 12 March 2024

The 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 = ₵2.40, i.e., ₵1 = 100d.

Coins[edit]

In 1958, Bronze coins were issued for 1⁄2d and 1d, along with cupro-nickel 3d and 6d, 1/– and 2/–. The 3d coin was scalloped in shape.

Ghanaian pound (Legal tender: 1958-65)
Image	Value	Description						Date of issue
Obverse & Reverse	Value	Obverse	Reverse	Metal	Weight	Diameter	Edge	Date of issue
	1⁄2d	Kwame Nkrumah (Lettering:) CIVITATIS GHANIENSIS CONDITOR (the Founder of Ghana) KWAME NKRUMAH	Five-pointed star (Lettering:) GHANA 1958 & The value of the coin	Bronze	2.9 g	21 mm	Smooth	1 July 1958
	1d			Bronze	5.7 g	25.5 mm	Plain
	3d			Copper/Nickel	3.3 g	19.5 mm
	6d				2.2 g	16.5 mm
	1/–				4.5 g	21 mm	Reeded
	2/–				8.9 g	26.5 mm	Reeded

Banknotes[edit]

In 1958, banknotes were introduced in denominations of 10/–, £1 and £5. The £1 and £5 notes were produced until 1962 and the 10/– note was produced until 1963.

Ghanaian pound (Legal tender: 1958-67)
Image	Value	Description		Years of issue
Obverse & Reverse	Value	Obverse	Reverse	Years of issue
	10/–	Bank of Ghana	Star	1958-1963
	£1		Cocao	1958-1962
	£5		Cargo ships and logs	1958-1962
	£1,000 (Only used in Interbanking Transactions)		Art pattern	1958

References[edit]

Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
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.

External links[edit]

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

@@ Line 2: / Line 2: @@
 | currency_name_in_local =
 | image_1 = 1 Ghana Pound (1958).png
-| image_title_1 = Obverse and reverse of 1 pound banknote
+| image_title_1 = Obverse and reverse of £1 banknote
 | image_2 = 1 penny (Ghanaian pound).jpg
-| image_title_2 = Obverse and reverse of 1 penny coin
+| image_title_2 = Obverse and reverse of 1d coin
 | date_of_introduction = 1958
 | date_of_introduction_source =
 | date_of_withdrawal = 1965
-| using_countries = {{flag|Ghana}}
+| using_countries = {{flag|Ghana|1957}}
 | subunit_ratio_1 = {{frac|1|240}}
 | subunit_name_1 = penny
@@ Line 14: / Line 14: @@
 | subunit_ratio_2 = {{frac|1|20}}
 | subunit_name_2 = shilling
+| plural_subunit_2 = shillings
-| symbol =
+| symbol = [[Pound sign|£]]
-| symbol_subunit_1 =
+| plural = pounds
-| used_banknotes = 10 shillings;<br />1, 5, 1&nbsp;000 pounds
+| symbol_subunit_1 = d
-| used_coins = {{frac|1|2}}, 1, 3 pence;<br />1, 2 shillings
+| symbol_subunit_2 = s. or /–
-| obsolete_notice = Y
+| used_banknotes = 10/-, £1, £5, £1,000
+| used_coins = {{frac|1|2}}d, 1d, 3d, 6d, 1/–, 2/–
+| obsolete = yes
 | replaced_currency = [[British West African pound]] (at par)
-| replaced_by_currency = [[Ghanaian cedi]] (1 GHP = 2.40 GHC)
+| replaced_by_currency = [[Ghanaian cedi]] (£1 = ₵2.40)
 }}
-The '''Ghanaian pound''' was the currency of [[Ghana]] between 1958 and 1965. It was subdivided into 20 [[shilling]]s, each of 12 [[penny|pence]]. Until 1958, Ghana used the [[British West African pound]], after which it issued its own currency. In 1965, Ghana introduced the first ''[[Ghanaian cedi|cedi]]'' at a rate of 1 pound = 2.4 cedis, i.e., 1 cedi = 100 pence.
+The '''pound''' was the currency of [[Ghana]] between 1958 and 1965. It was subdivided into 20 [[shilling]]s, each of 12 [[penny|pence]]. Until 1958, Ghana used the [[British West African pound]], after which it issued its own currency. In 1965, Ghana introduced the first ''[[Ghanaian cedi|cedi]]'' at a rate of £1 = ₵2.40, i.e., ₵1 = 100d.
 ==Coins==
-In 1958, Bronze coins were issued 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.
+In 1958, Bronze coins were issued for {{frac|1|2}}d and 1d, along with cupro-nickel 3d and 6d, 1/– and 2/–. The 3d coin was scalloped in shape.
 {|class="wikitable" style="font-size: 90%; style="width:100%; text-align: center"
 !colspan=10| Ghanaian pound<br />{{small|(Legal tender: 1958-65)}}
@@ Line 35: / Line 38: @@
 |-
 |style="width:10px" align="center" bgcolor="#000000"| [[File:½ penny (Ghanaian pound).jpg|160px]]
-|align="center"| ½ penny
+|align="center"| {{frac|1|2}}d
 |align="center" rowspan=6|[[Kwame Nkrumah]]<br />{{small|(Lettering:)}}<br />''CIVITATIS GHANIENSIS CONDITOR''<br />{{small|(the Founder of Ghana)}}<br />''KWAME NKRUMAH''
 |align="center" rowspan=6|[[Five-pointed star]]<br />{{small|(Lettering:)}}<br />GHANA 1958<br />&<br />The value of the coin
@@ Line 45: / Line 48: @@
 |-
 |style="width:100px" align="center" bgcolor="#000000"| [[File:1 penny (Ghanaian pound).jpg|160px]]
-|align="center"| 1 penny
+|align="center"| 1d
 |align="center"| 5.7 g
 |align="center"| 25.5&nbsp;mm
@@ Line 51: / Line 54: @@
 |-
 |style="width:100px" align="center" bgcolor="#000000"| [[File:3 pence (Ghanaian pound).jpg|160px]]
-|align="center"| 3 pence
+|align="center"| 3d
 |align="center" rowspan=4| Copper/Nickel
 |align="center"| 3.3 g
@@ Line 57: / Line 60: @@
 |-
 |style="width:100px" align="center" bgcolor="#000000"| [[File:6 pence (Ghanaian pound).jpg|160px]]
-|align="center"| 6 pence
+|align="center"| 6d
 |align="center"| 2.2 g
 |align="center"| 16.5&nbsp;mm
 |-
 |style="width:100px" align="center" bgcolor="#000000"| [[File:1 shilling (Ghanaian pound).jpg|160px]]
-|align="center"| 1 shilling
+|align="center"| 1/–
 |align="center"| 4.5 g
 |align="center"| 21&nbsp;mm
@@ Line 68: / Line 71: @@
 |-
 |style="width:100px" align="center" bgcolor="#000000"| [[File:2 shillings (Ghanaian pound).jpg|160px]]
-|align="center"| 2 shillings
+|align="center"| 2/–
 |align="center"| 8.9 g
 |align="center"| 26.5&nbsp;mm
@@ Line 75: / Line 78: @@
 ==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.
+In 1958, banknotes were introduced in denominations of 10/–, £1 and £5. The £1 and £5 notes were produced until 1962 and the 10/– note was produced until 1963.
 {|class="wikitable" style="font-size: 90%; style="width:100%; text-align: center"
@@ Line 86: / Line 89: @@
 |-
 |style="width:10px" align="center" bgcolor="#000000"| [[File:10 Ghana Shillings (1958).png|130px]]
-|align="center"| 10 shillings
+|align="center"| 10/–
 |align="center" rowspan=4|[[Bank of Ghana]]
 |align="center"|Star
@@ Line 92: / Line 95: @@
 |-
 |style="width:100px" align="center" bgcolor="#000000"| [[File:1 Ghana Pound (1958).png|130px]]
-|align="center"| 1 pound
+|align="center"| £1
 |align="center"|Cocao
 |align="center" rowspan=2|1958-1962
 |-
 |style="width:100px" align="center" bgcolor="#000000"| [[File:5 Ghana Pounds (1958).png|130px]]
-|align="center"| 5 pounds
+|align="center"| £5
 |align="center"|Cargo ships and logs
 |-
 |style="width:100px" align="center" bgcolor="#000000"| [[File:1000 Ghana Pounds (1958).png|130px]]
-|align="center"| 1,000 pounds<br />{{small|(Only used in Interbanking Transactions)}}
+|align="center"| £1,000<br />{{small|(Only used in Interbanking Transactions)}}
 |align="center"|Art pattern
 |align="center"|1958
@@ Line 127: / Line 130: @@
 [[Category:Currencies of the Commonwealth of Nations]]
 [[Category:Currencies of Ghana]]
-[[Category:History of Ghana]]
+[[Category:Economic history of Ghana]]
 [[Category:Modern obsolete currencies]]
 [[Category:1958 establishments in Ghana]]
 [[Category:1965 disestablishments in Ghana]]
 [[Category:Pound (currency)]]
+[[Category:Currencies introduced in 1958]]

v t e Currency units named pound, lira, or similar
Circulating	Egyptian pound Lebanese pound Pound sterling Alderney pound Falkland Islands pound Gibraltar pound Guernsey pound Jersey pound Manx pound Saint Helena pound South Sudanese pound Sudanese pound Syrian pound Turkish lira Ukrainian hryvnia
Local alternative currency	Bristol pound Brixton pound Exeter pound Lewes pound Liverpool pound Stroud pound Totnes pound
Defunct	Aeginetan mina AM-Lira Angevin pound Attic mina Australian pound Bahamian pound Bermudian pound Biafran pound British West African pound Byzantine litra Canadian pound Connecticut pound Cypriot pound Delaware pound Fijian pound French livre Livre parisis Livre tournois French colonial livre Guadeloupe livre Haitian livre New France livre Saint Lucia livre Gambian pound Georgia pound Ghanaian pound Irish punt Israeli lira Italian lira Italian East African lira Italian Somaliland lira Jaca pound Jamaican pound Japanese government-issued Oceanian pound Jersey livre Libyan pound Lombardo-Venetian lira Luccan lira Luxembourg livre Malawian pound Maltese pound Maryland pound Massachusetts pound New Brunswick pound New Guinean pound New Hampshire pound New Jersey pound New York pound New Zealand pound Newfoundland pound Nigerian pound North Carolina pound Nova Scotian pound Ottoman lira Palestine pound Papal lira Parman lira Pennsylvania pound Peruvian libra Pound Scots Prince Edward Island pound Rhode Island pound Rhodesian pound Rhodesia and Nyasaland pound Roman pound Sammarinese lira Sardinian lira Solomon Islands pound South Carolina pound Southern Rhodesian pound South African pond South West African pound Tongan pound Tripolitanian lira Tuscan lira Vatican lira Venetian lira Virginia pound Western Samoan pound Zambian pound
Historical antecedents (mass)	Roman pound (libra) Moneyer's pound (England) Grzywna (Grivna)
See also	Pound sign (£) Dinar Pound (mass) (℔) Roman currency Carolingian monetary system £sd

Latest revision as of 21:13, 12 March 2024

Coins[edit]

Banknotes[edit]

See also[edit]

References[edit]

External links[edit]