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    Home»Business»BoG upgrades GH¢1 coin with enhanced security features
    Business

    BoG upgrades GH¢1 coin with enhanced security features

    MGD NewsBy MGD NewsDecember 6, 2022Updated:December 7, 2022No Comments1 Min Read
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    The Bank of Ghana (BoG) has announced an upgrade on the GH¢1 coin with enhanced security features.

    A statement from the BoG said it will issue the upgraded GH¢1 coin into circulation from Monday,12th December 2022.

    Send your stories to Email: myghanadaily@gmail.com • WhatsApp: +233 577 145 140

    The coin, according to the Central Bank, 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.

    The BoG added that the upgraded coin is bi-metallic, with outer gold and inner silver.

    The upgraded 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 statement added.

    The Central Bank stated that the existing and the upgradedGH¢1 coins will co-circulate until the existing coin is gradually withdrawn. The Bank encourages the public to accept the coins and use them.

    Source: myghanadaily

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