The Ghanaian cedi is the official currency of Ghana, a country located in West Africa. It was introduced on July 3, 2007, to replace the old cedi at a ratio of 1:10,000. The symbol for the Ghanaian cedi is ₵, and its ISO code is GHS. The cedi is subdivided into 100 smaller units called pesewas. The value of the Ghanaian cedi fluctuates against other currencies such as the US dollar, euro, and British pound, depending on the economic and political conditions of the country.