Ghanaian pound
From Infogalactic: the planetary knowledge core
Lua error in package.lua at line 80: module 'strict' not found. 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 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.
Ghanaian pound (Legal tender: 1958-65) |
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Image | Value | Description | Date of issue | ||||||
Obverse & Reverse | Obverse | Reverse | Metal | Weight | Diameter | Edge | |||
160px | ½ penny | 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 | |
160px | 1 penny | 5.7 g | 25.5 mm | Plain | |||||
160px | 3 pence | Copper/Nickel | 3.3 g | 19.5 mm | |||||
160px | 6 pence | 2.2 g | 16.5 mm | ||||||
160px | 1 shilling | 4.5 g | 21 mm | Reeded | |||||
160px | 2 shillings | 8.9 g | 26.5 mm |
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.
Ghanaian pound (Legal tender: 1958-67) |
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Image | Value | Description | Years of issue | |||
Obverse & Reverse | Obverse | Reverse | ||||
130px | 10 shillings | Bank of Ghana | Star | 1958-1963 | ||
130px | 1 pound | Cocao | 1958-1962 | |||
130px | 5 pounds | Cargo ships and logs | ||||
130px | 1,000 pounds (Only used in Interbanking Transactions) |
Art pattern | 1958 |
See also
References
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External links
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 |