The transfer rate is 1 Ghana Cedi for every 10,000 Cedis. The fines were between 1000 and 6000 cedis. In 2002 fire gutted the market, destroying goods worth thousands of cedis. The cloth was being sold at a price of 240 cedis for 12 yards. Despite being offered an investment of 400,000 cedis from Siaw, Takoradi brewery could not happen. The destruction in most cases runs into several millions of cedis. This allowed a decimal conversion with the pound, namely 2 second cedis = 1 pound. He released the album "Africa Responds to the World", which grossed 250,000 cedis. As of December 31, 2007, the GSE's market capitalization was 131,633.22 billion cedis.