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.
Famous quotes containing the word pound:
“Any general statement is like a cheque drawn on a bank. Its value depends on what is there to meet it.”
—Ezra Pound (1885–1972)