Apuskleke wrote:uncle rico wrote:don_kpoti wrote: no i am blind, u should have ask what my point was rather than showing that u know how to divide en run down decimals(class one maths)
what sens does it make replacing the curency when we know it will not hold it own against the doller. if u don't know, the $ is a referencial curency.
hahahaha....eiii...brofo ye dru indeed!!! you gbaa so many times i lost count. but lets put you slangs aside and address your ignorance.
Your point is baseless because the cedi has been very stable over the past 4 years against all major currencies. This is especially true with respect to the dollar, against which the cedi depreciated only 1% last year. The whole point of this exercise is the "class one math" that I demonstrated to you. There is nothing more to it.
Bank of Ghana simply wants to save us the burden of carrying around wheelbarrows of cash and save themselves the cost of printing more of this money. Go and read the Bank of Ghana document giving reasons for this change before you comment again.
Also buy a copy of "My First Aid in English"....it will help you a lot.
some people too why?
this thing is just simple....
take 4 zeros from any 1000 figure currency thats it, and value still stands...
imagine every Ghanaian is millionaire?
you send £60.00 and the recipient is already a millionaire meanwhile that money doesnt hold water
so just imagine sending £1000 to Ghana at the rate of 17,912 ?
so that is a great idea from the current Government...