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The currency of Ghana is the Ghanaian Cedi, denoted by the symbol "₵" and the currency code "GHS." The cedi is further subdivided into smaller units called pesewas. One cedi is equal to 100 pesewas.The name "cedi" was derived from the word "sedie," meaning cowrie, a shell currency that gained popularity and wider circulation in the latter part of the 19th century. The "pesewa" represented the smallest denomination of the gold-dust currency regime. This name was chosen to replace the British colonial penny.

The Ghanaian currency has gone through various changes and denominations over the years.

Upon gaining independence from British colonial rule in 1957, Ghana introduced its first official currency, the Ghanaian Pound, which was later replaced by the Ghanaian Cedi in 1965.

The second Ghanaian cedi was introduced in 1965, replacing the Ghanaian pound at a rate of 1 pound = 2.4 cedis.

Due to high inflation and economic instability, Ghana redenominated its currency in 2007. The new currency, also called the Ghanaian cedi, was introduced with a significantly lower value to make transactions simpler. As a result, the value of the old cedi was divided by 10,000 to create the new cedi. The Ghanaian Cedi has undergone further adjustments and developments in banknotes and coins since then.

The Bank of Ghana is responsible for issuing and regulating the currency. Ghanaian coins come in various denominations, including 1 pesewa, 5 pesewas, 10 pesewas, 20 pesewas, 50 pesewas, 1 cedi and 2 cedis. Coins are typically made from a variety of metals, such as copper, nickel, brass, and aluminum, depending on the denomination.

These coins are used in everyday transactions for smaller amounts. The design of these coins often features national symbols, historical figures, or cultural motifs that represent Ghana's heritage.

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