50 Pesewas

Ghana's 2007 redenomination replaced the old cedi at a rate of 10,000 to 1 — one of the steepest rebasings in modern African monetary history, driven by inflation that had rendered small-denomination coins effectively worthless for decades. The 50 pesewas entered circulation as part of that entirely new currency system, the Ghana cedi, which launched July 1, 2007.

Nickel plated steel was adopted across the new series for cost reasons, a practical concession to the economics of producing coinage in a country where the metal value of earlier issues had sometimes approached face value.