Bank Of Ghana Upgrades One Ghana Cedi Coin

0

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The existing and the upgraded GH¢1 coins will co-circulate until the existing coin is gradually withdrawn, the central bank said.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.

 

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.