Euro to Ghanaian Cedi — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Ghana

Currency Code, Symbol: GHS, GH₵

Denominations of coins in circulation: 1, 5, 10, 20, 50Gp, GH₵1, GH₵2

Denominations of banknotes in circulation: GH₵1, 2, 5, 10, 20, 50, 100, 200

History: The Ghanaian cedi (GH₵) is the currency used in circulation in Ghana. The currency is not used outside the country. Globally, the currency is denoted as GHS.The Ghanaian cedi uses pesewa as change. One cedi equals 100 pesewas. In 1965, the cedi became the sole currency in the country. Before that, Ghana had changed its currency several times. Since the country was a British colony, its territory allowed pounds sterling and later on, it was replaced with the West African pound. Afterwards, the Ghanaian pound took its place. All notes, except 50 cedi, depict portraits of the state’s politicians. The 50-cedi banknote portrays the cocoa fruit.Read More