Science Fair Project Encyclopedia
Cedi
The cedi is the unit of currency of Ghana, Africa. One cedi is divided into one hundred pesewas (although inflation has elimated subdivisions).
Coins currently produced are: 10, 20, 50, 100, 200, and 500 cedi.
Banknotes currently produced are: 1000, 2000, 5000, 10,000 and 20,000 cedi.
In 1983, the exchange rate was 90 cedis per US$1. In 1993, the rate was 720 cedis per US$1. In 2003, the rate has been between 8500 and 8800 cedis per US$1.
The 1000 cedi note was introduced in 1991. 2000 and 5000 cedi notes are also available. The 10,000 and 20,000 cedi notes were introduced in 2002.
The cedi sign has been accepted for encoding in Unicode as U+20B5 in 2004.
Information on the Cedi: http://www.bog.gov.gh/aboutus/currency.htm
10-26-2009 08:16:03
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details