Ghana is located in West Africa. It was a former British colony up until 1957 when they gained independence. Before independence the currency they relied on was the British West African pound. From 1958 to 1965 they used their first currency which was the Ghanaian Pound. The 1,000 Pounds, 1958 is a good example of British influence that was had on their previous banknotes. The “Bank of Ghana” text looks exactly like the one you would find on a British banknote. The only things missing is an image of Queen Elizabeth II. A few years later the Cedi was introduced to replace the Pound.

Ghana 1,000 Pounds | 1958 | P-4 |
Source: Banknote World Educational

The First Cedi

One of the early Cedi banknotes is the 1 Cedi Banknote, 1965. It features a portrait of first president Kwame Nkrumah. On the reverse is an image of the Central Bank building. Other than that there is not much going on in the design other than a floral theme.

Ghana 1 Cedi | 1965 | P-5a |
Source: Banknote World Educational

There was a military coup in 1966 and after removing the former president from power one of the the first banknotes released was the Ghana 1 Cedi, 1967. All new banknotes had the former presidents image removed. I think that the new design consisted of a fusion of African and British design. The linear patterns and shapes resemble that of a British banknote but, the effigy’s are more African themed. The front does not feature image of any statesman or other figure. Instead it features an image of a a cocoa tree and a seal of the Bank of Ghana. The reverse features images of a sword and shield.

Ghana 1 Cedi | 1967 | P-10a |
Source: Banknote World Educational

Later banknote designs consisted of image of the working class such as the Ghana 200 Cedis, 1986. It features an image of an old man in the center and on the reverse is an image of children in a classroom setting.

Ghana 200 Cedis | 1986 | P-27a.3 |
Source: Banknote World Educational

The country experienced inflation in the 90’s and denominations went all the way up to 1,000 Cedis. A new series of currency was later released and its the one currently in use. The 50 Cedi, 2015 is an example of the current series of banknotes. It has an image of the Big Six leaders and an image of Independence Arch. The reverse has an image of Osu Castle.

Ghana 50 Cedis | 2015 | P-42c |
Source: Banknote World

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