Bank Of Ghana Begins Circulation Of New Notes Today

The Bank of Ghana (BoG) will this morning begin the circulation of its enhanced GHc10, GHc20 and GHc50 notes.
According to the Bank of Ghana, both the old and the new notes will be used concurrently until the old ones are phased out. The new notes will have more prominent watermark and the image of Tetteh Quarshie with a cocoa pod would be more noticeable in the plain star area of the banknote. It becomes visible on both sides when viewed against light.
Dimensions of the various denominations and other principal and background images will also remain the same. However, the Big Six portraits, denominational colours, of red for GHc1, yellow for GHc2, blue for GHc5, mauve for GHc20 and brown for GHc50 cedis will not change.

There is also the Enhanced Iridescent Band at the back of the banknote: That is a golden band with gold bars at the back of the banknote that runs from top to bottom. It can be seen more clearly when the note is tilted against light.

New features on the new notes also include a gold stripe, a watermark, a security thread and a colour changing spark live.

Per the new upgrade, the cowrie shell on the GH?10, the star on the GH?20 and the cocoa pod on the GH?50 will now have a shiny line in them which will move up and down when tilted.



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