BoG upgrades GH¢1 coins

The Bank of Ghana (BoG) says it has upgraded the GH¢1 coin with enhanced security features.

A statement from the Central Bank yesterday said the new coin will be put into circulation on Monday, December 12, 2022.

The coin is similar to the existing GH¢1 coin in shape, form and images, that is, the Coat of Arms in front and the Scale of Justice at the back.

According to BoG, the upgraded GH¢1 coin is bi-metallic with an outer gold and inner silver and has a pronounced rough edge and incorporates a latent image, which appears in a rectangular form below the Scale of Justice at the back.

Also, 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“The existing and the upgraded GH¢1 coins will co-circulate until the existing coin is gradually withdrawn,” the statement said.

The Bank has encouraged the public to accept the coins and use them.

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