What Is the Currency of Ghana? | Ghanaian Cedi (GHS) Guide

Official Currency of Ghana

The official currency of Ghana is the Ghanaian Cedi (GHS).
The cedi is the only legal tender used in Ghana for daily expenses, shopping, bill payments, and official transactions.

Brief History of the Ghanaian Currency

Ghana began using the Ghanaian Cedi as its official currency in 1965. Prior to that, during the British colonial period, the Ghanaian Pound was in use.

Ghana’s monetary policy is managed by the Bank of Ghana to maintain economic stability and control the exchange rate. The Ghanaian economy relies on agriculture, mining, services, and the energy sector.

Currency Code and Subunits

• Currency Code: GHS
• Symbol: ₵
• Subunit: 1 Cedi = 100 pesewa

Pesewa are rarely used in daily transactions, and prices are usually quoted in cedis.

Banknotes and Coins in Ghana

📌 Banknotes in Circulation

• 1 GHS
• 2 GHS
• 5 GHS
• 10 GHS
• 20 GHS
• 50 GHS
• 100 GHS

📌 Coins in Circulation

• 1 pesewa
• 5 pesewa
• 10 pesewa
• 20 pesewa
• 50 pesewa
• 1 GHS

Banknotes are the same nationwide, while coins often feature Ghana-specific designs on one side.

Can You Send Money from Turkey to Ghana?

Yes.

With PayPorter, sending money from Turkey to Ghana is fast, secure, and cost-effective. International money transfer services ensure that funds reach the recipient quickly.

PayPorter Advantages

• Send money to over 185 countries
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To send money from Turkey to Ghana, visit the relevant transfer page.

Can the Ghanaian Cedi Be Used in Turkey?

The Ghanaian Cedi is not an official payment method in Turkey. However, as it is a recognized foreign currency, it can be exchanged at banks and currency exchange offices.

In transactions between Turkey and Ghana, payments are usually made in cedis. Money can also be securely transferred from Ghana to Turkey.

Interesting Facts About the Ghanaian Cedi

• The cedi is the official currency used throughout Ghana.
• Digital payments and contactless card usage are becoming increasingly common in major cities.
• Cash usage remains prevalent in rural areas.
• Payment infrastructure is well-developed in cities such as Accra and Kumasi.

Frequently Asked Questions About Ghana’s Currency

What is the official currency of Ghana?

The official currency of Ghana is the Ghanaian Cedi (GHS).

Is any other currency accepted in Ghana?

No. The only legal tender is GHS.

Can I send money from Turkey to Ghana?

Yes. You can send money quickly and securely via money transfer services like PayPorter.

Is credit card usage common in Ghana?

Yes. Card and contactless payments are common in major cities, while cash is still preferred in rural areas.

Can I withdraw money from ATMs in Ghana?

Yes. ATMs are widely available in city centers and tourist areas. Transaction fees may vary depending on the bank.

Last Uptade: April 2026

This content is provided for general informational purposes only and does not aim to cover all aspects of the topics discussed. The information herein should not be considered a substitute for advice from a qualified professional. Nothing in this publication should be interpreted as legal, tax, or professional advice provided by PayPorter or its affiliates. While we strive to keep our content accurate and up to date, we make no representations or warranties regarding the completeness, accuracy, or timeliness of the information provided.