The Central Bank of Ghana (BoG) has upgraded the GH¢1 coin with more enhanced security features.
The BoG on Tuesday, December 6, 2022, in a press release cited by AfricaOwn said the coins are expected to be in full circulation starting Monday, December 12, 2022.
According to the statement, “The upgraded GH¢1 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 BoG noted.
“The latent image changes from a radiating star to a One Ghana cedi symbol sandwiched between two stars when tilted.”
It disclosed the new coin has similarities with 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The Central Bank noted both existing and upgraded GH¢1 coins will co-circulate until the existing coin is gradually withdrawn from the public domain.
It called on the public to accept the coins and use them for transactions.