By: Henrietta Afful
The Bank of Ghana (BoG) has upgraded the one Ghana cedi coin (GH¢1) with enhanced security features.
A statement released by BoG today, December 6, 2022 says the upgraded one Ghana cedi coin will officially be issued into circulation from Monday, December 12, 2022.
The coin is similar to the existing GH¢1 coin in shape, form and images and has the Coat of Arms in front and the Scale of Justice at the back.
The upgraded GH¢1 coin is bimetallic with an 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The existing and the upgraded GH¢1 coins will co-circulate until the existing coin is gradually withdrawn.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 Bank encourages the public to accept the coins and use them.
BELOW IS THE FULL STATEMENT