BoG to mark 60 years of Cedi on July 19

The Bank of Ghana (BoG) will on July 19, 2025 mark 60 years of the Cedi as Ghana’s sole legal tender. 

“Since its issuance on July 19, 1965 to replace the Ghanaian Pound as the sole legal tender in Ghana, the Cedi has remained a strong symbol of Ghana’s economic sovereignty and development,” the BoG said in a statement on May 13, 2025.

BoG says the Cedi has evolved through several modifications in form and policy direction over the last 60 years to adapt to the changing demands of the Ghanaian economy.

The Central Bank noted that 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.”

In recognition of this important milestone, the Bank of Ghana has announced it will commemorate the 60th anniversary 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.

“This anniversary 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.

“In addition to being a medium of exchange, the Cedi is a symbol of our pride, heritage and shared aspirations for a prosperous future,” BoG added.

The evolution of the Cedi reflects Ghana’s resilience, innovation and pursuit of a robust economy.

The Bank of Ghana extends an invitation to the public, institutions, organisations, stakeholders and development partners to join the Bank in celebrating this important milestone.  Further details of the programmes and activities will be announced in due course.

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

The post BoG to mark 60 years of Cedi on July 19 first appeared on 3News.

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