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50 Cedis

Issuer Bank of Ghana
Year 1965
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Value 50 Cedis
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Reverse description A coastal vignette occupies the full reverse, with two tall palm trees framing the foreground at left and a canoe beached at right. The middle ground shows the rocky shoreline of Bobowasi Island with a lighthouse rising above low vegetation at centre. The denomination ¢50 is inscribed in the upper right corner.
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Protection type Watermark
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Ghana's 1965 note issues came at a politically turbulent moment: Kwame Nkrumah's government was in its final months before the February 1966 coup that ended the First Republic. The 50 Cedis was a high-denomination note in a country where the Cedi itself had only been introduced in 1965 to replace the Ghanaian pound at a rate of 1.2 Cedis to the pound — a decimal reform tied directly to Nkrumah's broader modernization program.

Thomas De La Rue printed the series, as they had most West African colonial and post-independence issues of the period. Following the coup, the new military government, the National Liberation Council, moved quickly to demonetize notes associated with Nkrumah's administration.