The cedi, Ghana’s official currency has depreciated drastically since its introduction. Owing to this re-denomination exercise became necessary in 2007. The study was about the re-denomination of the cedi; the benefits and challenges to market women. Convenience and Simple Random Sampling were used to select hundred (100) respondents for the study. benefits identified include portability, convenience and security. challenges identified were difficulty in changing higher denomination into smaller units, tiny nature of GHC1, difficulty in conversion and difficulty in differentiating counterfeit from the original.
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