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

“The Bank will issue the upgraded GH₵1 coin into circulation from Monday, December 12, 2022,” a statement from the central bank 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”, it added.

According to the statement, the upgraded GH₵1 coin is bi-metallic with outer gold and inner silver.

In addition, 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“The existing and the upgraded GH₵1 coins will co-circulate until the existing coin is gradually withdrawn.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”.

Full release below:

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

VW to start Ghana assembling operations in November

Volkswagen South Africa (VWSA) will start semi-knocked down (SKD) assembly in Ghana…

Provide Leadership That Will Benefit Ghanaians – Akufo-Addo Urges Ofori-Atta

The President, Nana Addo Dankwa Akufo-Addo has charged the Finance Minister, Ken…

Ministry of Finance/G.R.A. Collaboration Yields Over GHC 1 Billion In 10 Months

The intervention of the Ministry of Finance and the Ghana Revenue Authority…

Shareholders of GOIL approves partnership with ExxonMobil for Deep Water Cape Three Point oil block

Shareholders of Ghana Oil Company Limited (GOIL) have approved decision of the…