The Bank of Ghana has announced that it will issue the upgraded GH¢1 coin into circulation from Monday, 12th December 2022.
According to the Central Bank, the coin 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 statement also said;
The upgraded coin is bi-metallic, with 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 sandwiched between two stars when tilted,
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Central Bank stated that the existing and the upgradedGH¢1 coins will co-circulate until the existing coin is gradually withdrawn.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.
Story by Kwabena Boateng Asiedu | univers.ug.edu.gh