Tags: Currency.
The Ghana cedi (currency sign: GH₵; currency code: GHS) is the unit of currency of Ghana. The new Ghana cedi was introduced on 1 July 2007 at a rate equal to 10000 old cedis. It was the highest-valued currency unit issued by sovereign countries in Africa in 2007.One Ghana cedi is divided into one hundred Ghana pesewas (Gp). A number of Ghanaian coins have also been issued in sika denominations. These are probably best considered as medallic coinage and may have no legal tender status.