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Basic 2 · Mathematics · Money

Ghanaian Coins and Notes

In this topic you will recognise Ghanaian coins and notes and their values.

By the end of these notes you should be able to:

  • Name Ghanaian coins and notes
  • Say the value of each coin and note
  • Change money from pesewas to cedis

What you already know

  • Ghanaian coins (Basic 1)

Copy everything that has a blue line on its left into your notebook. The other parts are for reading.

Strand
Number
Sub-strand
Money
Indicator
B2.1.4.1.1 – Recognize Ghanaian coins and currency notes

Introduction

Ama wants to buy bread for GH₵10. She has a GH₵5 note and some coins. Does she have enough? Let us learn our money.

1. Coins

Ghanaian coins
CoinValue
1 pesewa1p
5 pesewas5p
10 pesewas10p
20 pesewas20p
50 pesewas50p
1 cediGH₵1
2 cedisGH₵2

2. Notes

Ghanaian notes
NoteValue
1 cediGH₵1
2 cedisGH₵2
5 cedisGH₵5
10 cedisGH₵10
20 cedisGH₵20
50 cedisGH₵50
100 cedisGH₵100
200 cedisGH₵200
Ghana cedi notes from GH₵1 to GH₵200
Figure 1: Ghana cedi notes Draw two notes and write their values.Illustration: Sirbus

3. Changing Money

  • 100 pesewas = GH₵1
  • 2 × GH₵5 = GH₵10
  • 5 × GH₵2 = GH₵10
  • 2 × GH₵50 = GH₵100

New words

note
Paper money.
coin
Metal money.
value
How much money is worth.
change
Money given back when you pay more than the price.

Summary

  • Ghana has coins from 1p to GH₵2 and notes from GH₵1 to GH₵200.
  • 100 pesewas = GH₵1.
  • Two GH₵5 notes make GH₵10.

Class activity: Class Shop

  1. Use the price tags and play money.
  2. Buy items and pay the right amount.
  3. The seller checks and gives change.

You need: Ghana cedi coins, Notes, Locally made price tags, Exercise books

Exercises

Answer in your exercise book first, then check your answers.

  1. 1. Which is the largest note?

    • A. GH₵200
    • B. GH₵50
    • C. GH₵100
    • D. GH₵20
    Show answer
    Answer: GH₵200GH₵200 is the highest value note.

  2. 2. How many GH₵2 coins make GH₵10?

    • A. 5
    • B. 2
    • C. 10
    • D. 4
    Show answer
    Answer: 55 × 2 = 10.

  3. 3. 100 pesewas make GH₵1.

    • A. True
    • B. False
    Show answer
    Answer: TrueThat is the rule.

  4. 4. Two GH₵20 notes make GH₵50.

    • A. True
    • B. False
    Show answer
    Answer: FalseThey make GH₵40.

  5. 5. Paper money is called a ______.

    Show answer
    Answer: noteCoins are metal; notes are paper.

  6. 6. Ama has a GH₵5 note and three GH₵1 coins. How much does she have?

    Show answer
    Answer: GH₵85 + 3 = 8.

Homework

  1. With an adult, look at the money in a purse. Write the value of each coin and note.