The currency of Ghana is the Ghanaian cedi. The cedi is divided into 100Ghana pesewas. It was introduced in 2007, replacing the old cedi at a denomination of 1,000 to 1, effectively removing four zeros from the currency to simplify transactions. The currency symbol for the Ghanaian cedi is "₵". The Bank of Ghana is responsible for issuing and managing the currency. The cedi plays a significant role in Ghana's economy, impacting aspects such as inflation, trade, and overall financial stability.