BANK OF GHANA TO INTRODUCE UPGRADED BANKNOTES


The Bank of Ghana will issue upgraded banknotes into circulation on May 6, 2019.

The
upgraded banknotes will have enhanced security features in line with evolving changes in the
technological landscape.

The upgraded banknotes also come with improved durability and
machine readability.
Their going to enhanced security features include,
Optically Variable Magnetic Image (SPARK LIVE): It is a shiny colour-changing
image of the cowrie shell on the GH₵10, star on the GH₵20 and cocoa pod on the
GH₵50.
When the note is tilted, a shiny line across the cowrie shell, star, and cocoa
pod moves up and down. The colour of the feature also changes from gold to green
when tilted, New Enhanced Security Thread (RAPID): It is a shiny broken line with movement
that runs through the banknote from top to bottom. It is continuous when viewed
against light. When the note is tilted, a star expands and contracts while the
denomination value stays still ,
More Prominent Watermark: It is the image of Tetteh Quarshie with a cocoa pod
which has been made more noticeable in the plain star area of the banknote. It
becomes visible on both sides when viewed against light. The denomination value can
also be seen in the watermark area and Enhanced Iridescent Band at the Back of the Banknote: It 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.

The Central Bank has indicates the following principal design elements remain unchanged in the upgraded banknotes, The Big Six portrait ,
Denominational colours
,Dimensions of the various denominations
and Other principal and background images.

The upgraded and the existing series of banknotes will co-circulate.

The Bank therefore entreats the public to KNOW THE CEDI AND KEEP IT CLEAN

Source: Koowaa.com/Kwame Baffoe Agyekum

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