Written and recorded by Scottish singer/songwriter Donovan. It reached No. 2 on the U.S. Billboard charts in 1966 and No. 8 in the UK in early 1967.
The song was rumored to be about smoking dried banana skins, which was believed to be a hallucinogenic drug in the 1960s, though this aspect of bananas has since been debunked. He admitted later the song made reference to a vibrator; an "electrical banana" as mentioned in the lyrics. This definition was re-affirmed in an interview with NME magazine: "it's about being cool, laid-back, and also the electrical bananas that were appearing on the scene - which were ladies' vibrators."