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Accept and use the upgraded One Ghana Cedi Coin – BoG

By Laud Nartey
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Accept and use the upgraded One Ghana Cedi Coin – BoG

The Bank of Ghana (BoG) has appealed to the general public to accept and use the upgraded One Ghana Cedi coin.

The BoG announced in a statement on Tuesday December 6 that it has upgraded the GHS 1 coin with an enhanced security features.

The upgraded GHS1 coin into circulation from Monday 12 December 2022.

The coin is similar to the existing GHS 1 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 and sandwiched between two stars when tilted. The existing and the upgraded GHS1 coin will co-circulate until the existing coin is gradually withdrawn.

“The Bank encourages the public to accept the coins and use them,” the statement added.

By Laud Nartey/editors.3news.com/Ghana

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Laud Nartey is an online editor with current affair team at Media General, operators of TV3 Ghana, 3News.com and more. Email: Laud.Nartey@editors.3news.com

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