Connect with us


BoG upgrades GHS1 with enhanced security featrures



The Bank of Ghana has upgraded the GHS1 coin with enhanced security features.

The central bank in a statement said it will issue the upgraded GHS1 coin into circulation from Monday, 12 December 2022.

The coin according to the BoG is similar to the existing GHS1 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 sandwiched between two stars when tilted.

The existing and the upgraded GHS1 coils will co-circulate until the existing coin is gradually withdrawn

READ ALSO  Capital Bank's Ato Essien agrees to refund GHS90m to state in place of custodial sentence but judge says amount not commensurate