Chinese Yuan Renminbi to Ghanaian Cedi

The Chinese yuan (symbol  ¥, code: CNY, number 156) is the national currency of the People's Republic of China. One yuan is divided into 10 jiao, one jiao is subdivided into 10 fens. International sign is the same as that of the Japanese yen.

The exchange rate has been tightly pegged to the dollar since 2005. The currency belongs to the SDR basket. Although formally Hong Kong and Macau are Chinese territories, the yuan is not an official legal tender there. It is used for in- cash payments only in Mainland China, as well as for foreign exchange accountings.

The Ghanaian cedi (sign GH₵, code GHS) is the currency used in circulation in Ghana. The currency is not used outside the country. The Ghanaian cedi uses pesewa as change.

One cedi equals 100 pesewas. In 1965, the cedi became the sole currency in the country. Before that, Ghana had changed its currency several times. Since the country was a British colony, its territory allowed pounds sterling and later on, it was replaced with the West African pound. Afterwards, the Ghanaian pound took its place. All notes, except 50 cedi, depict portraits of the state’s politicians. The 50-cedi banknote portrays the cocoa fruit.