Lamisi Dabire

Ghanaians have since July 1 switched to a new currency, the “New Ghana Cedi.” It is of the same value as the old currency but with fewer zeros to it. The new denominated cedi seem to be receiving some good reviews, it has been described as been easier to handle.

This comes as no surprise at all as Ghanaians over the years have complained about the bulky nature of our currency. The introduction of the New Ghana Cedi has reduced the quantity of notes carried by people. Before the introduction of the new Ghana cedi, its was impossible to carry two million old cedis (equivalent of 186 US dollars) in a wallet but now I can carry five times the same amount in my wallet depending on the notes.