Catalog
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| Issuer | Bank of Ghana |
|---|---|
| Year | 2022 |
| Type | Log in to see details |
| Value | 1 Cedi |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Technique | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
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| Reverse lettering | 1 CEDI C1 |
| Edge | Milled |
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| Additional information |
Ghana redenominated its currency in 2007, replacing the old cedi at a rate of 10,000 to 1 — effectively erasing four decimal places accumulated through decades of inflation and currency depreciation stretching back to the post-independence economic turbulence of the 1970s and 80s. The 1 Cedi coin that emerged from that reform was a practical anchor for the new system, intended to restore everyday transactional confidence in physical coinage.
The bimetallic construction was adopted partly as an anti-counterfeiting measure in a region where base-metal forgery of high-denomination coins had been a documented problem across several West African states.