Pesewa

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Pesewa

A subdivision of the Ghanaian cedi. One pesewa is equal in value to 1/100 of a cedi.

References in periodicals archive ?

Apparently they hand over a one cedi note for each pile of pesewas, giving the woman a ten per cent commission, and they need the change when they fill a cab with four passengers going in the same direction, each paying a fraction of the regular fare.

COLUMNIST DAVID BANKS

34 The currency unit in Ghana is the cedi, with one cedi divided into 100 pesewas, although inflation has made these obsolete.

Your (highly) unofficial guide to World Cup countries

The current cedi comes in 1,000, 2,000, 5,000, 10,000 and 20,000 denominations (in notes) and 500, 200 and 100 in coins (called pesewas).

Ghana: new currency in July 2007; After suffering a catastrophic decline on foreign exchanges since its devaluation in 1983 at the behest of the IMF, Ghana's suffering currency, the cedi, is to be retired in July 2007 and replaced by a rebranded and stronger GH cedi. Osei Boateng reports

Though I stand to be corrected, I can bet my last pesewas on the fact that majority of these black market forex bureau operators do not have residential and work permits to engage in the business they are doing.

Why Ghana must leave ECOWAS ... Armed robbery, kidnapping on my mind

Though connoisseurs are arguing that the currency will likely hit the threshold of GHS6 and some pesewas in the coming months, Dr Addison thinks otherwise, saying those predictions are often not realised, therefore, it is difficult to rely on them.

Cedi will remain stable -BoG

The cedi is currently being exchanged for the dollar at GHS5.20 pesewas, whilst the Pound Sterling is going for GHS6.88.

Mahama to gov't: Seek help to manage the cedi

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