If at the end of 2016 when the NDC left government you had GHC100,000 in your account, it was equivalent to approximately US$23,255. If you had the same amount of money in your account today, it’s equivalent to US$6793 meaning in real terms you have lost USD16,761. However, if you had changed your money into Dollars at the end of 2016 and done a Cecilia Dapaah, your money would be equivalent to GHC,342,313, a gain of GHC242,313.

This is what those who are talking about percentages of depreciation don’t realise. The sad thing is they are also unapologetic and are asking for a steer from you after eroding your purchasing power. Whatever you do with this information is up to you.

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