The Bank of Ghana (BoG) has upgraded the GH¢1 coin with enhanced security features.
The upgraded GH¢1 coin will be issued into circulation from Monday, December 12, 2022, a statement from the Bank of Ghana, dated December 6, 2022, has said.
The coin is similar to the existing GH¢1 coin in shape, form, and images; the Coat of Arms in front and the Scale of Justice at the back, the BoG stated.
The upgraded GH¢1 coin is bi-metallic with outer gold and inner silver.
The coin has a pronounced rough edge and incorporates a latent image, which appears in a rectangular form below the Scale of Justice at the back.
The latent image changes from a radiating star to a One Ghana cedi symbol sandwiched between two stars when tilted.
The existing and the upgraded GH¢1 coins will co-circulate until the existing coin is gradually withdrawn, the central bank said.
“The Bank encourages the public to accept the coins and use them,” it added.