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.

The other variation of the sign is also used for:

[*][https://unicode-table.com/en/20B5/ Ghanian cedi];
[*]Costa Rican colons;
[*]Turkmen writing;
[*]as [https://unicode-table.com/en/FFE0/ cent] symbol.