Ghanaian Cedi in Central African Franc

GHS Ghanaian Cedi

Country of application:
Ghana

Coin denominations in circulation:
1, 5, 10, 20, 50 pesews, 1, 2 Gangetic cedis.

Denominations of banknotes in circulation:
1, 2, 5, 10, 20, 50, 100, 200 Ghanaian cedi.

History reference:
The Cedi is the currency of Ghana, introduced on July 19, 1965, issued by the Bank of Ghana. The name "cedi" comes from the Ashanti language and means "dear" in translation. In 1844 - 1913 Ghana, as ...well as a number of states on the coast of the Gulf of Guinea in West Africa, were a British colony, which was called the "Gold Coast". On the Gold Coast, the pound sterling was used as the currency. In 1913, a new currency, the West African pound, was introduced. In 1957, Ghana gained independence and in 1958 the government carried out a monetary reform, as a result of which the Ghana pound was put into circulation at a 1: 1 exchange rate with the West African pound.

XAF Central African Franc

Country of application:
Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, Gabon

Coin denominations in circulation:
1, 2, 5, 10, 25, 100, 500 francs.

Denominations of banknotes in circulation:
500, 1000, 2000, 5000, 10000 francs.

History reference:
The national official currency of Cameroon is the CFA franc BEAC, the franc of financial cooperation in Central Africa, or the Central African franc (international designation XAF). The Central Afric...an franc is the currency of thirteen African countries in the French franc currency area. The XAF has its origins in Frances African colonial empire. France ruled most of West and Central Africa from the mid-nineteenth century to the mid-twentieth century. In 1910, the French government established the French Equatorial Africa, which was a federation of French colonial possessions in Equatorial Africa, stretching north from the Congo River to the Sahel.