Become an instant millionaire
by grets
The local currency in Ghana is the Cedi, at the time we were there, the exchange rate was about 950 Cedi to the US Dollar. This means that if you change $400 as we did, you become instant millionaires. The largest denomination is 10,000 Cedi (just over a dollar), so you will end up carrying wads and wads of notes! There is a distinct lack of small change throughout the country, so hold on to any small denomination that you can find, for those small purchases. The name ‘Cedi’ is derived from the local name for the cowrie shell, “cede”. Cowrie shells have been widely used as currency throughout West Africa. Until the 15th century, when cowrie shells were introduced from the Maldives and Zanzibar, bartering was the way business was conducted in the area. In the 17th and early 18th century, iron and gold dust was used as the currency, until 1796, when the West Africa Pound was introduced. In...