Audio By Carbonatix
The central bank has introduced ¢100 and ¢200 notes and ¢2 coins to the country’s currency denomination.
The new notes go into circulation Friday after an unveiling at a press conference at the Banking Hall of the Bank of Ghana (BoG).
“A lot of thinking went into the decision to introduce the higher denomination banknotes. The structure of the banknote should align well with the needs of the people who use it for their daily transactions.
“We need banknotes and coins that are convenient for most people to use, high quality, secure and cost-effective. Accordingly, in March 2017, the Bank of Ghana begun a process of conducting a thorough review of the structure of the currency including on the note/coin boundary and acceptability and use of the individual currency series,” Governor of the Bank of Ghana Dr Ernest Addison said.
In addition to enhancing the security features, the upgraded banknotes came with specific features to improve durability and enhance their machine readability.
Watch a video about all the security features of the new notes and coin.
Latest Stories
-
Ghana Prisons Service launches “Think Prison 360 Degrees” initiative in Eastern Region
5 seconds -
He was a legend – NPP pays tribute to Daddy Lumba
13 minutes -
President Mahama arrives in Nigeria for 68th ECOWAS Heads of State Summit
24 minutes -
One dead, 3 injured in Juaboso-Bonsu Nkwanta road accident
38 minutes -
Awerco Construction denies claims World Bank cancelled Weija Paediatric hospital contract
41 minutes -
Photos: Ghana Prisons Service launches “Think Prison 360 Degrees” initiative
48 minutes -
Daddy Lumba: Brisk business as fans defy rains to honour highlife legend
52 minutes -
Fans defy heavy rains to celebrate life and music of Daddy Lumba
2 hours -
‘I won’t let their venom stain the memory of what we wore’ – Odo Broni’s pays tribute to late husband
2 hours -
Jospong Group braves morning rains to win souls for Christ
2 hours -
Livestream: Joy FM Nine Lessons and Carols underway at Labadi Beach
3 hours -
GNFS, Cadet Media launches ‘Fire Service Tales’ to promote safety education
3 hours -
Minority demands resignation of Ayariga, Dafeamekpor over OSP repeal bill
3 hours -
NDC doesn’t want the Special Prosecutor after them – John Darko on move to scrap OSP
4 hours -
Mahama and NDC donate GH₵50,000 to Daddy Lumba’s family
4 hours
