Ghanaian Cedi to US Dollar — exchange rate

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

Country of Circulation: United States, British Virgin Islands, Ecuador, Panama and others

Currency Code, Symbol: USD, $

Denominations of coins in circulation: 1¢, 5¢, 10¢, 25¢

Denominations of banknotes in circulation: $1, $2, $5, $10, $20, $50, $100

History: The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.Read More