41. The cedi was equivalent to eight shillings and four pence ( 8s 4d ) and bore the portrait of the President. 42. The first cedi was replaced in 1967 by a " new cedi " which was worth 1.2 first cedis. 43. The first cedi was replaced in 1967 by a " new cedi " which was worth 1.2 first cedis. 44. The first cedi was replaced in 1967 by a " new cedi " which was worth 1.2 first cedis . 45. However, the royal Jarasanda was about to marry her to the King of Cedi , who was called Lord Cedya. 46. Farmers have also had to deal with increasingly expensive inputs, such as fertilizer, because of overvaluation of the cedi . 47. One of his major achievement was the re-denomination of the cedi and the introduction of the Pesewa in 2007. 48. The word " cedi " is the cowry shell which were formerly used as currency in what is now Ghana. 49. High inflation ensued, and so the cedi was re-pegged at ?2.80 = $ 1.00. 50. In 2014, the inflation rose rapidly as the value of the third cedi fell to a fourth of its original value.