GHC
Definition of 'GHC'The currency abbreviation for the Ghanaian cedi - the official currency of the Republic of Ghana. The GHC was introduced on July 3, 2007. The word "cedi" derives from the African word for cowry shell, which was a prior form of Ghanian currency. Banknotes are issued in 1, 5, 10, 20 and 50 denominations. The currency is overseen and issued by the Bank of Ghana. |
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Investopedia explains 'GHC'The current cedi is a redenominated form of a previous old cedi, which was a replacement for an older cedi that was in use between 1965 and 1967. In 1957, Ghana became the first Sub-Saharan African country to achieve independence from the United Kingdom. |
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