2020-01-06 Mon

Ghana, a nation on West Africa’s Gulf of Guinea, is known for diverse wildlife, old forts and secluded beaches, such as at Busua. Coastal towns Elmina and Cape Coast contain posubans (native shrines), colonial buildings and castles-turned-museums that serve as testimonials to the slave trade. North of Cape Coast, vast Kakum National Park has a treetop-canopy walkway over the rainforest.

The Ghanaian pound was the currency of Ghana between 1958 and 1965. It was subdivided into 20 shillings, each of 12 pence. Until 1958, Ghana used the British West African pound, after which Ghana introduced the first Cedi.

It is the fourth historical and only current legal tender in the Republic of Ghana. One cedi is divided into one hundred pesewas. The Bank of Ghana has been issuing all Ghanaian banknotes since 1958. Today we are looking at 50 Cedis banknote issued in 1979-80. The note specifications are as follows:

The obverse has a Sculpture to left and an African man to right. The reverse depicts workers splitting cacao pods in centre. This banknote has an Eagle's head with a star as its watermark.

Image Courtesy: eBay.com