The Bank of Ghana (BoG) has revealed that on July 19, the country will be commemorating the 60th anniversary of the Ghana Cedi, the sole legal tender in the country.

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On July 19, 1965, the cedi replaced the Ghanaian pound and has remained a strong symbol of Ghana's economic sovereignty and development.

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The Bank of Ghana plans to commemorate the 60th anniversary of the issue of the Cedi with a series of nationwide activities and engagements between July and December 2025, including official launch events, public exhibitions, educational campaigns and stakeholder forums.

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This anniversary, according to the central bank, offers an opportunity for Ghanaians to reflect on the history of the Cedi, to celebrate the progress made, and to reaffirm our collective responsibility to protect the value and integrity of the currency.

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An invitation has therefore been thrown to the public, institutions, organisations, stakeholders and development partners to join the Bank in celebrating this important milestone.

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Further details of the programmes and activities will be announced in due course.

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To adapt to the changing demands of the Ghanaian economy, the Cedi has evolved through several modifications in form and policy direction, over the last 60 years. Ghana's tenacity, innovation and quest for economic stability are all embodied in the Cedi's reforms, from the first note and coins to the safe currency we use today.

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In addition to being a medium of exchange, the Cedi is a symbol of our pride, heritage and shared aspirations for a prosperous future. The evolution of the Cedi reflects Ghana's resilience, innovation and pursuit of a robust economy.

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The Bank of Ghana has assured that it is committed to maintaining a stable Cedi in pursuit of stability in the general level of prices.

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The Ghana cedi has been recognised by Bloomberg as the world’s best-performing currency, having appreciated nearly 16% against the US dollar since April.

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The average interbank rates used by commercial banks for transactions at the close of business, 12th May, show the US dollar buying at GH₵12.88 and selling at GH₵12.89. The British pound is buying at GH₵17.02 and selling at GH₵17.04. The euro is currently being bought at GH₵14.32 and sold at GH₵14.34.

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