Bank of Ghana to mark Cedi@60 on July 19

• Posted on May 14, 2025May 14, 2025
• by Nana Kwesi Coomson
• Comment

The Bank of Ghana (BoG) has announced that it will celebrate the 60^th anniversary of the Ghana Cedi on July 19, 2025.

A statement released by the central bank on May 13 said the cedi will mark 60 years as Ghana’s sole legal tender.

Since its issuance on July 19, 1965, the Cedi replaced the Ghanaian Pound as the sole legal tender, and has remained a strong symbol of Ghana’s economic sovereignty and development.

“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”, the statement said.

The BoG explained that in recognition of the important milestone, the central bank intends 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.

“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”.

The BoG pointed out that 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 is committed to maintaining a stable Cedi in pursuit of stability in the general level of prices”, it ended.