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Friday, May 25, 2007

Ghana Cedi Converter

Ghana is re-dominating her currency( yet to be started. It begins July of this year ) to make it more portable and valuable. Converting from the old currency to the new one is something which most people are finding it difficult to grasp. It took me a while to grasp the whole conversion. It can be confusing at times.

For a quick conversion, I created this small web application to do the conversion so, it saves time and the confusion airing around.

Currently, it works as I understand the conversion. I got quiet some few friends to help test and they all said, it works correctly. So at this juncture, I present to you the Ghana cedi converter. Feel free to post comment about how it works and better way of improving it. If you think it doesn't work correctly, feel free to comment on the proper way of how the application should do the conversion. I'm ready to learn and accept new ideas.

There is a Joomla module available, feel free to click on the link below.
Joomla extention

To embed it into your webpage, just copy the code below

<iframe src="" frameborder="0" scrolling="no" height="300"></iframe>

I hope it helps people. Thanks


thinfox said...

how do you decide to run down or up? i though in finance, one runs down whenever possible. eg. if i enter 10150-10190 i get GH₵1.02, but for 10100-10140 i get GH₵1.01

Henry Addo said...

Didn't think about that, It just output after conversion.what do you think ti should be.?

thinfox said...

I don't know what it should be but i think the right approach is to reduce whatever bias you introduce by rounding to a minimum. ie. if you ways round up at .5 and you get a lot of digits with .5 in them, it's easy to see how you can cause a significant financial loss. eg. 1million transactions.
there may not be much of an issue between 0.01 pesewas and 0.02 pesewas in most cases but for some others, it's important that you get it right. eg. quoting bandwidth cost which might be quoted as 0.05Gp per kilobyte.
there are rounding algorithms like bankers algorithm or random rounding you can experiment with.

Henry Addo said...

Thanks for this, will look more into this.