HomeBlogNews Papers Headline

Bank of Ghana enhances security features of GHS1 coin

Bank of Ghana enhances security features of GHS1 coin

Susu operators faces court over failure to pay customers, setting office ablaze
NPP are better managers of the economy than NDC – Sammi Awuku
Crypto prices move more in sync with stocks, posing new risks

The Bank of Ghana (BoG) has upgraded the GHS 1 coin with an enhanced security features.

A statement issued by the Regulator said the Bank will issue the upgraded GHS1 coin into circulation from Monday 12 December 2022.

The coin is similar to the existing GHS 1 coin in shape, form and images, the coat of arms in front and the scale of justice at the back.

The upgraded GHS1 coin is bi-metallic 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 and sandwiched between two stars when tilted. The existing and the upgraded GHS1 coin will co-circulate until the existing coin is gradually withdrawn.

“The Bank encourages the public to accept the coins and use them, the statement added.

COMMENTS

WORDPRESS: 0
DISQUS: 0