1 Cedi

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.