Examples of cedi in a Sentence
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The sense that Ghana’s economy is rebounding is, in part, based on the performance of the cedi and the belief that the exchange rate has stabilized after the disruption of recent years — the cedi lost around 50% of its value against the dollar in 2022.
—
Nana Oye Ankrah, semafor.com, 21 July 2025
Today, the price is more than twice that, 5 cedis, which is in line with national figures gathered by The Kenkey Index.
—Justice Baidoo, The Christian Science Monitor, 9 Dec. 2024
In the same year, Ghana’s central bank recorded a loss of 60.8 billion cedi (more than $5 billion at the time).
—Nimi Princewill, CNN, 6 Dec. 2024
But between 2017 and 2021, the government invested 5.12 billion Ghanaian cedis ($392 million) to eliminate not only fees but also costs such as meals and textbooks.
—Cameron Pugh, The Christian Science Monitor, 3 June 2024
Over the same period, the Ghanaian cedi has weakened over 40 percent against the dollar, meaning that the same barrel of oil that cost roughly 475 cedi a year ago now costs over 900 cedi, almost twice as much.
—Isabella Simonetti, New York Times, 5 Oct. 2022
The Ghanaian cedi has lost 57% of its value this year, hitting a 22-year low.
—Faustine Ngila, Quartz, 5 Dec. 2022
That message was particularly attractive this past year, when the Federal Reserve’s interest-rate hikes and concerns over a pandemic-era buildup in public debt drove the dollar to record highs against African currencies such as the Nigerian naira and the Ghanaian cedi.
—Alexandra Wexler, WSJ, 18 Jan. 2023
Sweden has been working with Accenture on an e-krona, while Ghana is piloting an e-cedi and Indonesia is developing a prototype for a digital rupiah.
—Julia Horowitz, CNN, 7 Feb. 2023
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Nana Oye Ankrah, semafor.com, 21 July 2025
Today, the price is more than twice that, 5 cedis, which is in line with national figures gathered by The Kenkey Index.
—Justice Baidoo, The Christian Science Monitor, 9 Dec. 2024
In the same year, Ghana’s central bank recorded a loss of 60.8 billion cedi (more than $5 billion at the time).
—Nimi Princewill, CNN, 6 Dec. 2024
But between 2017 and 2021, the government invested 5.12 billion Ghanaian cedis ($392 million) to eliminate not only fees but also costs such as meals and textbooks.
—Cameron Pugh, The Christian Science Monitor, 3 June 2024
Over the same period, the Ghanaian cedi has weakened over 40 percent against the dollar, meaning that the same barrel of oil that cost roughly 475 cedi a year ago now costs over 900 cedi, almost twice as much.
—Isabella Simonetti, New York Times, 5 Oct. 2022
The Ghanaian cedi has lost 57% of its value this year, hitting a 22-year low.
—Faustine Ngila, Quartz, 5 Dec. 2022
That message was particularly attractive this past year, when the Federal Reserve’s interest-rate hikes and concerns over a pandemic-era buildup in public debt drove the dollar to record highs against African currencies such as the Nigerian naira and the Ghanaian cedi.
—Alexandra Wexler, WSJ, 18 Jan. 2023
Sweden has been working with Accenture on an e-krona, while Ghana is piloting an e-cedi and Indonesia is developing a prototype for a digital rupiah.
—Julia Horowitz, CNN, 7 Feb. 2023
Cite this Entry
“Cedi.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cedi. Accessed 29 Jul. 2025.
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