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This sign is used in America and Europe as an indication of currency. Similar sign of cents and centavos ¢ is a variation of the Latin letter C. The only difference is a [https://unicode-table.com/en/007C/ vertical line] crossing the letter. The meaning of the sign is the cent symbol entered in Unicode.
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The other variation of the sign is also used for:
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[*][https://unicode-table.com/en/20B5/ Ghanian cedi];
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[*]Costa Rican colons;
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[*]Turkmen writing;
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[*]as [https://unicode-table.com/en/FFE0/ cent] symbol.
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