Ghanaian Pound


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Ghanaian Pound

The currency of Ghana between 1958 and 1965. It replaced the British West African pound shortly after Ghana's independence. In 1965, it was changed to the first Ghanaian cedi.
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The NGO said the continuous devaluation of our local currency against the major foreign trading currencies, after the West African Pound for British West Africa colonies, the Ghanaian Pound (1958-65), for the pre-independence Ghana legal tender, the new cedi that replaced the Ghanaian Pound, which also give way for the Ghana cedi in June 2007, has had very little impact.
Rimmer traces the serious consequences of establishing an autonomous Ghanaian currency, initially the Ghanaian pound, then the cedi, to replace the previous currency tied to sterling.