Audio By Carbonatix
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 an 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“The existing and the upgraded GH₵1 coins will co-circulate until the existing coin is gradually withdrawn.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”.
Latest Stories
-
The cocoa conundrum: Why Ghana’s farmers are poor despite making the world’s best chocolate
1 hour -
Powerful cyclone kills at least 31 as it tears through Madagascar port
2 hours -
GoldBod summons 6 gold service providers over compliance exercise
2 hours -
Power disruption expected in parts of Accra West as ECG conducts maintenance
2 hours -
Police investigate alleged arson attack at Alpha Hour Church
3 hours -
Heavy Sunday downpour wrecks Denyaseman SHS, schools, communities in Bekwai Municipality
3 hours -
Ridge Hospital is in critical condition – GMTF Boss appeals to corporate Ghana
3 hours -
Introduce long term measures to tackle challenges in cocoa sector – IERPP to government
3 hours -
Agricultural Economist proposes blended financing model to support cocoa sector
4 hours -
NPP MP warns against reducing producer price as government rolls out cocoa reforms
4 hours -
Tano North MP urges halt to grain exports over food glut
4 hours -
Farmers hopeful as government moves to expedite cocoa payments
5 hours -
Tensions at Agbogbloshie market women oppose AMA drain cleaning exercise, items confiscated
5 hours -
Lyse Doucet: In Tehran, rallies for Iran’s revolution overshadowed by discontent and defiance
5 hours -
Education Minister orders full audit of free sanitary pads in schools over quality concerns
5 hours