cedi

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ce·di

(sā′dē)

n. pl. ce·dis

See Table at currency.

[Possibly from Akan (Fante) sedị, small shell, cowry.]

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

cedi

(ˈseɪdɪ)

n, pl -di

(Currencies) the standard monetary unit of Ghana, divided into 100 pesewas

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

ce•di

(ˈseɪ di)

n., pl. -di, -dis.

the basic monetary unit of Ghana.

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Noun

cedi - the basic unit of money in Ghana

Ghanian monetary unit - monetary unit of Ghana

pesewa - 100 pesewas equal 1 cedi in Ghana

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References in periodicals archive ?

I am a small investor in several companies in Ghana, and I must confess that I am deterred from larger or more frequent investing by the horrendous charges imposed when I convert from US dollars to Ghanaian Cedis. Those charges can amount to 20%, which means that there is an immediate loss of one-fifth of the investment before any trading begins!

Currency exchange: horrendous charges

Consequently, the government now has money available for various development projects, including allocating 24.48bn cedis to the Ministry of Education to upgrade 31 senior secondary schools into model schools, and a further 40.8bn cedis to fund six-unit classroom blocks for four towns in each of the 110 districts of the country.

Ghana: highway to heaven? Having met certain rigorous structural and policy conditions prescribed by the World Bank and IMF, Ghana has now reached the "completion point" of the Heavily Indebted Poor Countries (HIPC) initiative, gaining US$3.5bn in debt relief. George F. Asmah reports from Accra

The only way to shut them up is to "melt" some more cedis. On one trip, I was never able to return from my town to Accra, where I lived, with ANY money at all left in my pocket.

Ghana: the price you pay; Ogyakrom is the name bestowed by Ghanaians in the Diaspora on their homeland. It literally means "Firetown". And what a fire it is!

Last year, the government expected a total inflow of 853 billion cedis of HIPC resources for poverty reduction and growth enhancing projects.

Solid achievements--the 2003 balance sheet: last year, the main objective of the Kufuor government was to consolidate the remarkable achievements of the 2002 fiscal year. This is how the macroeconomic front panned out in 2003

He said its main aims were to bring inflation under control and stabilise the falling cedi.

Budget, first ever surplus

Last year, the government did not only set the target of zero borrowing from the domestic market, we also ended up paying back part of the domestic debt of about 0.4% of GDP, about 280 billion cedis. Therefore, I will say with some confidence that many things have gone right with the economy.

Osafo-Maafo: 'we are in control'; Ghana is doing very well under President Kufuor's government, says finance minister Yaw Osafo-Maafo, and it is not true that the country is being run by the IMF/World Bank as people allege. "We are in control," he tells Baffour Ankomah, in this interview

Impeccable information available to this paper has it that the development has seen passport applicants rushing to the national capital where they pay GHS300 cedis for a passport.

Acute passport scarcity hits Ghana?

Accordingly, it released 117 billion cedis of HIPC funds into the economy in August for development projects.

Kofi Annan, Lennox Lewis the toast of September: Kofi Annan and Lennox Lewis came home to be feted, and September suddenly turned out to be a jolly good month in Accra. (Around Africa: Ghana)

'Mr Speaker, within some few months, we can see an increase in public debt by 25 billion cedis. My concern has nothing to do with the nominal numbers.