Ghana currency GHS: What every traveller should know

Planning a trip to the Republic of Ghana? 

Before you go, it’s worth getting to know the Ghana currency – the Ghanaian cedi (GHS). 

Used throughout West Africa’s most vibrant nation, this colourful currency tells a story of independence, history, and value.

The official currency of Ghana, the cedi, is managed by the Bank of Ghana, which oversees the exchange rates, issues new notes, and maintains financial stability. 

Whether you’re budgeting for meals, taxis, or souvenirs, understanding the Ghanaian currency will help you make the most of your trip and get the best possible exchange rate.

A brief history of Ghanaian currency

Before Ghana adopted the cedi, it used the British West African pound, divided into shillings and pence, with 20 shillings to the pound and 12 pence to the shilling. 

When Ghana gained independence from Britain in 1957, the government introduced the cedi to symbolise freedom and national pride. It replaced the pound at a rate of 1 cedi = 8 shillings 4 pence.

Under Dr Kwame Nkrumah, Ghana’s first president, the new currency replaced the colonial system. 

Later, during times of high inflation, a new cedi was introduced to stabilise prices and simplify transactions. 

This process, called redenomination, meant that old cedi notes were exchanged at a ratio that made the currency easier to use.

What is the official currency of Ghana?

Today, the official currency of Ghana is the Ghanaian cedi (GHS). 

Sometimes referred to as GHC Ghana currency, it’s divided into 100 smaller units called pesewa coins.

Each denomination of cedi and pesewa serves a distinct purpose in everyday life, ranging from small market purchases to large business transactions. 

The Bank of Ghana continues to manage the circulation of currency, issue notes, and coins, ensuring the system remains stable despite global economic volatility.

Ghanaian cedi notes and coin denominations

The Ghanaian cedi notes come in 1, 2, 5, 10, 20, and 50-cedi values. 

Each banknote showcases Ghana’s history, culture, and heroes – most famously Dr Kwame Nkrumah and the “Big Six.”

Below the notes, smaller coin denominations include pesewa coins ranging from 1 pesewa to 1 cedi. 

Each features national symbols, intricate patterns, and unique textures in circulation. 

Together, these denominations reflect the value of Ghana’s economy and everyday money in motion.

From cowrie shells to cedis: the evolution of money

Long before paper notes, Ghana’s ancestors traded using cowrie shells – tiny white treasures from the ocean. 

This tradition inspired the modern cedi’s name and connection to heritage.

As trade and exchange grew, the country adopted coinage and later banknotes to replace these early means of payment. 

Over the decades, Ghana’s currency has undergone several changes, with old versions being demonetised when new series took their place.

Today, the cedi is a proud reminder of how Ghana’s financial system evolved from shells to sophisticated currency exchange standards recognised around the world.

Ghanaian cedi exchange and exchange rates today

If you’re preparing for a trip to Ghana, you’ll want to check the latest Ghana currency rate before you travel. 

At the time of writing (10/11/2025), 1 British Pound (GBP) equals roughly ₵14.40 Ghana Cedis, while 1 Ghana Cedi is worth about £0.07 GBP.

Exchange rates can fluctuate daily, influenced by trade, demand, and market data. 

Ghana’s high inflation and economic shifts mean its currency can be volatile, but that also opens opportunities for savvy travellers to save money by timing their currency exchange wisely.

You can convert Ghanaian currency online using a reliable currency converter like us here at Manor FX.

It’s always smart to compare rate updates and fees before completing a transfer, but we offer the best rates and don’t charge any fees!

Coin denominations and security features

Modern Ghanaian coins and cedi notes feature advanced security measures, including holograms, watermarks, and microprinting. 

These details make every issued note harder to counterfeit while maintaining convenience for users.

In total, millions of cedis and pesewa coins are in circulation across the country, representing the means by which Ghanaians pay for goods and services each day.

If you’re ever unsure of a note’s authenticity, check for texture differences or hold it to the light – Ghana’s vibrant banknotes are designed to be both secure and beautiful.

Ghana currency and Dr Kwame Nkrumah’s legacy

The Ghanaian cedi is closely tied to Dr Kwame Nkrumah, whose introduction of a national currency reflected the birth of a new form of independence.

Each issued banknote still represents his vision for progress and equality. 

The Bank of Ghana honours this legacy through the portraits and symbols printed on its notes and coins, celebrating Ghana’s identity and its enduring value on the global stage.

Ghana currency facts for travellers

If you’re visiting Ghana soon, understanding how the Ghanaian currency works will make everyday payments easier. 

Most banks and ATMs in major cities allow withdrawals, although additional fees may apply.

Card payments are accepted in hotels and malls, but cash remains the preferred method of payment across markets and villages. 

It’s a good idea to send money or transfer funds in advance if you’ll need large sums, and always keep smaller denominations handy for taxis and street food.

Remember that Ghanaian currency exchange rate changes regularly, so check live price updates before travelling.

How to get your Ghana currency with Manor FX

Ordering your Ghana cedi currency from Manor FX is quick, safe, and straightforward. 

Whether you’re heading off soon or planning ahead, we make it simple to get your cash at the best Ghana currency exchange rate. 

1. Start your order

Choose Ghanaian Cedi (GHS) and enter the currency amount you’d like. 

You can also add other destinations to your basket if you’re visiting multiple countries.

2. Select delivery or collection

Simply opt for home delivery, which is fully insured and tracked, or click and collect in-store near Heathrow. 

3. Check your live rate

We’ll show you a real-time exchange rate and a transparent summary of any fees.

4. Add your details

Fill in your name, address, and contact information. 

5. Pay and confirm

Complete your payment securely by bank transfer, by card or select to pay cash on collection. 

You’ll receive an instant confirmation email with delivery data and tracking details.

6. Receive your cash

Your Ghanaian currency notes will arrive promptly, ready for your trip to Ghana. 

It’s an easy and reliable way to access foreign currency without losing to airport markups. 

Top tip: If you have leftover travel money, we can help! Exchange Ghanaian currency to GBP with Manor FX.

Takeaways

The Ghanaian cedi is more than just the currency of Ghana Africa – it’s a symbol of pride, history, and progress. 

From its origins in the cowrie shell to its current cedi notes and pesewa coins, the cedi reflects Ghana’s unique journey from the Gold Coast to a modern economy.

As you prepare for your adventure, order your Ghana currency online with Manor FX for transparent rates, trusted service, and a truly secure experience. 

You’ll save money, avoid last-minute fees, and be ready to explore one of West Africa’s most welcoming nations with cash in hand and confidence in your pocket.

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