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About Central African CFA franc
The Central African CFA franc is the currency used in six independent states in Central Africa: Cameroon, the Central African Republic, Chad, the Republic of the Congo, Equatorial Guinea and Gabon. These six countries had a combined population of 55.2 million in 2020, and their total GDP exceeded US$100 billion.
CFA originally stood for Colonies françaises d'Afrique; after these states gained independence, its name was changed to Communauté financière africaine. The currency is issued by the Bank of Central African States, located in Yaoundé, Cameroon, for members of the Economic and Monetary Community of Central Africa. Although the franc is officially divided into 100 centimes, no centime-denominated coins have been issued. Since 1945, the Bank of France has been producing CFA franc notes in Chamalières.
In several west African states, the West African CFA franc, which is of equal value, is also in circulation. WikipediaAbout Ghanaian Cedi
The cedi is the unit of currency of Ghana. It is the fourth historical and only current legal tender in the Republic of Ghana. One Cedi is divided into one hundred Pesewas.
After independence in 1957, Ghana separated itself from the British West African pound, which was the currency of the British colonies in the region. The new republic's first independent currency was the Ghanaian pound. In 1965, Ghana decided to leave the British colonial monetary system and adopt the widely accepted decimal system. The African name Cedi was introduced in place of the old British pound system. Ghana's first President Kwame Nkrumah introduced Cedi notes and Pesewa coins in July 1965 to replace the Ghanaian pounds, shillings and pence. The Cedi bore the portrait of the President and was equivalent to eight shillings and four pence, i.e. one hundred old pence, so that 1 pesewa was equal to one penny.
After the February 1966 military coup, the new leaders wanted to remove the face of Nkrumah from the banknotes. The "new Cedi" was worth 1.2 Cedis, which made it equal to half of a pound sterling at its introduction. Wikipedia