cedi

American

[sey-dee] / ˈseɪ di /

noun

plural

cedi, cedis

a paper money and monetary unit of Ghana, equal to 100 pesewas.

cedi British

/ ˈseɪdɪ /

noun

the standard monetary unit of Ghana, divided into 100 pesewas

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The country's currency has been losing value rapidly in recent months, with those in charge of the troubled economy blaming dollar hoarders for the woes of the cedi.

From BBC • Jul. 24, 2023

The local cedi currency has plummeted more than 50% against the dollar in 2022, while the central bank hiked its main lending rate to 27% last Monday after inflation hit a 21-year peak in October.

From Reuters • Dec. 4, 2022

The country has also been hit by its currency, the cedi, depreciating against the US dollar.

From BBC • Nov. 16, 2022

Ofori-Atta has come under fire as Ghana suffers its worst economic crisis in a generation, with inflation over 40% and its cedi currency at all-time lows.

From Reuters • Nov. 11, 2022

On the minus side, public sector wage increases and regional peacekeeping commitments have led to continued inflationary deficit financing, depreciation of the cedi, and rising public discontent with Ghana's austerity measures.

From The 2001 CIA World Factbook by United States. Central Intelligence Agency

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023