All about the money: Modern African currencies no longer in use

Nduta Waweru May 12, 2018

Photo: Wiki CC

Ghanaian Pound

Between 1958 and 1965, Ghana used the Ghanaian Pound as a medium of exchange. It replaced the West African pound used when it was a British colony.

Part of the currency was ½ and 1 penny bronze coins and 3 and 6 pence, 1 and 2 shillings cupro-nickel coins and banknotes of denominations of 10 shillings  (introduced in 1963), 1 and 5 pounds introduced in 1962.

In 1965, the pound was replaced by the Cedi.

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