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.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.cedi - the basic unit of money in Ghana
Ghanian monetary unit - monetary unit of Ghana
pesewa - 100 pesewas equal 1 cedi in Ghana
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
Mr Forson said Ghana's economy is currently becoming more vulnerable and externally unstable due to declining net international reserves, and the fast rate of depreciation of the Ghanaian cedi. He said it has been reported on various media platforms, both locally and internationally, that the Cedi/US dollar exchange rate is expected to reach about GHS6 per dollar by the end of the third quarter of 2019.
The increase in input costs may be due in part to the depreciation of the Ghanaian cedi in May and June.
Figure 1 clearly confirms this, since the plot of the level values of inflation and exchange rate (US dollar against Ghanaian cedi) shows that the mean and variance are not constant over time.
In the end, the delivery, including roundtrip travel, takes nearly two hours, all for a "Moon Love" necklace costing 49 Ghanaian cedi ($12).
With the usually unstable nature of the Ghanaian cedi, such products are often priced out of the reach of the ordinary Ghanaian.
The Ghanaian cedi remains vulnerable amid the sizeable current account deficit and could depreciate more swiftly than we anticipate.
In Fitch's view, the Ghanaian cedi will experience greater stability in 2016 and lower levels of depreciation.
In a statement the ratings service said that Ghana's wide fiscal and external deficits, alongside other economic risks including double-digit inflation and the Ghanaian cedi's depreciation, impact its rating.
The Ghanaian current account deficit will remain wide in 2015 and 2016, and this, combined with weak investment inflows, will continue to exert depreciatory pressure on the Ghanaian cedi. We forecast that the current account deficit will be equivalent to 8.2% of GDP this year and 7.7% in 2016, from 9.4% in 2014.