Pound Sterling to Ghanaian Cedi — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.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