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The '''Ghanaian pound''' was the currency of [[Ghana]] between [[1958]] and [[1965]]. Until [[1958]], Ghana used the [[West African pound]], after which it issued its own currency. In 1965, Ghana introduced the (old) ''[[Ghanaian cedi|cedi]]'' at a rate of 1 pound = 2.4 cedi, i.e., 1 cedi = 100 pence.
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 cedi, i.e., 1 cedi = 100 pence.

==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.

==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.

==References==
{{refbegin}}
*{{cite book | title=Standard Catalog of World Coins: 1801-1991 |edition= 18th ed. | author=Chester L. Krause & Clifford Mishler|editor= Colin R. Bruce II| publisher=Krause Publications | year=1991| id=ISBN 0-87341-150-1 }}
*{{cite book | title=Standard Catalog of World Paper Money, General Issues| edition=7th ed. | author=Albert Pick |editor=Neil Shafer & Colin R. Bruce II|publisher=Krause Publications| year=1994| id=ISBN 0-87341-207-9 }}
{{refend}}

==External links==
{{Standard numismatics external links
| world_coin_gallery_1_url = Ghana
| world_coin_gallery_1_name = Ghana
| banknote_world_1_url = Ghana
| banknote_world_1_name = Ghana
| dollarization_1_url = gh
| dollarization_1_name = Ghana
| gfd_1_url = Ghana
| gfd_1_name = Ghana
| gfd_data_1_url =
| gfd_data_1_name =
| show_gfd_excel = Y
}}


{{n-start}}
{{n-start}}
{{n-before|currency=[[West African pound]]|reason=independence (in [[1957]])}}
{{n-before|currency=[[British West African pound]]|reason=independence (in [[1957]])}}
{{n-currency|location=[[Ghana]]|start=[[1958]]|end=[[1965]]}}
{{n-currency|location=[[Ghana]]|start=[[1958]]|end=[[1965]]}}
{{n-after|currency=[[Ghanaian cedi|Ghanaian (old) cedi]]|reason=[[decimalisation]]|ratio=2.4 old cedi = 1 pound, or 1 pesewa = 1 penny}}
{{n-after|currency=[[Ghanaian cedi|First Ghanaian cedi]]|reason=[[decimalisation]]|ratio=2.4 cedi = 1 pound, or 1 pesewa = 1 penny}}
{{n-end}}
{{n-end}}



Revision as of 15:48, 20 May 2007

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.

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.

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.

References

  • Chester L. Krause & Clifford Mishler (1991). Colin R. Bruce II (ed.). Standard Catalog of World Coins: 1801-1991 (18th ed. ed.). Krause Publications. ISBN 0-87341-150-1. {{cite book}}: |edition= has extra text (help)
  • Albert Pick (1994). Neil Shafer & Colin R. Bruce II (ed.). Standard Catalog of World Paper Money, General Issues (7th ed. ed.). Krause Publications. ISBN 0-87341-207-9. {{cite book}}: |edition= has extra text (help)

External links

Template:Standard numismatics external links

Preceded by:
British West African pound
Reason: independence (in 1957)
Currency of Ghana
19581965
Succeeded by:
First Ghanaian cedi
Reason: decimalisation
Ratio: 2.4 cedi = 1 pound, or 1 pesewa = 1 penny