cedi
noun
ce·di ˈsā-dē 
: the basic monetary unit of Ghana see Money Table
Example Sentences
Recent Examples on the Web Its currency, the cedi, is the second worst performing in the world this year after Sri Lanka’s rupee. 
Alexander Onukwue, Quartz, 18 Aug. 2022 Nigeria partnered with Bitt, a global financial technology company, to launch its CBDC in October 2021, while Ghana hired German firm Giesecke+Devrient for its e-cedi pilot a month earlier. Kingsley Kobo, Quartz, 30 Dec. 2021 In Ghana, annual inflation jumped to 29.8% in June, its highest level in 19 years, while the Ghanaian currency, the cedi, has lost 24% of its value against the dollar since January. Saeed Shah, WSJ, 14 July 2022 Afrotech previously reported that Ghana will also launch a new digital currency — e-cedi, which aims to move consumers away from decentralized cryptocurrencies like Bitcoin. Jasmine Browley, Essence, 7 July 2022 This growth is an opportunity for the government to raise 6.9 billion cedi ($1.12 billion) and boost GDP by 16% in 2022. Alexander Onukwue, Quartz, 21 Dec. 2021 The roll-out of the e-cedi may further limit the use of cash, forcing people to use electronic payments, so people will have to pay the e-levy. Pk Senyo, Quartz, 19 Nov. 2021 KuBitX successfully built a wallet to transact between Ghanaian cedi and Nigerian naira, making over a million dollars in transactions through their app, according to Annan. Chikezie Omeje, Quartz, 5 July 2021 The second-biggest economy in West Africa attracted just a quarter of the 3.6 billion cedis of 10-year bonds up for sale last week at about 19.5 percent. Andre Janse Van Vuuren, Bloomberg.com, 2 Nov. 2017 See More
Alexander Onukwue, Quartz, 18 Aug. 2022 Nigeria partnered with Bitt, a global financial technology company, to launch its CBDC in October 2021, while Ghana hired German firm Giesecke+Devrient for its e-cedi pilot a month earlier. Kingsley Kobo, Quartz, 30 Dec. 2021 In Ghana, annual inflation jumped to 29.8% in June, its highest level in 19 years, while the Ghanaian currency, the cedi, has lost 24% of its value against the dollar since January. Saeed Shah, WSJ, 14 July 2022 Afrotech previously reported that Ghana will also launch a new digital currency — e-cedi, which aims to move consumers away from decentralized cryptocurrencies like Bitcoin. Jasmine Browley, Essence, 7 July 2022 This growth is an opportunity for the government to raise 6.9 billion cedi ($1.12 billion) and boost GDP by 16% in 2022. Alexander Onukwue, Quartz, 21 Dec. 2021 The roll-out of the e-cedi may further limit the use of cash, forcing people to use electronic payments, so people will have to pay the e-levy. Pk Senyo, Quartz, 19 Nov. 2021 KuBitX successfully built a wallet to transact between Ghanaian cedi and Nigerian naira, making over a million dollars in transactions through their app, according to Annan. Chikezie Omeje, Quartz, 5 July 2021 The second-biggest economy in West Africa attracted just a quarter of the 3.6 billion cedis of 10-year bonds up for sale last week at about 19.5 percent. Andre Janse Van Vuuren, Bloomberg.com, 2 Nov. 2017 See More Word History
Etymology
Twi sedi cowry
First Known Use
1965, in the meaning defined above