The Bank of Ghana, in a statement released today, Monday 8, April 2019 has announced that it will issue upgraded banknotes into circulation on May 6, 2019.
According to the statement, the upgraded banknotes will have enhanced security features in line with evolving changes in the technological landscape. The upgraded banknotes will also come with improved durability and machine readability.
The newly enhanced security features which the bank of Ghana will be introducing are:
Optically Variable Magnetic Image (SPARK LIVE) which is a shiny colour-changing image of a cowrie shell on the GHC10 note, a star on the GHC20 note and a cocoa pod on the GHC50 note. When the note is titled, the shiny line across the cowrie shell, star and cocoa pod move up and down. The colour of the feature also changes from gold green when tilted.
New Enhanced Security Thread (RAPID) which is a shiny broken line with a 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 which 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 more visible on both sides when viewed against light. The denomination value can also be seen in the watermark area.
Enhanced Iridescent Band at the back of the Banknote which 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.
However, some principal design elements which remain unchanged on upgraded the banknotes are:
The Big Six portrait, denominational colours, dimensions of the various denominations, other principal and background image.
“The upgraded and the existing series of banknotes will co-circulate,” the statement read.
The Bank of Ghana also entreated the public to “KNOW THE CEDI AND KEEP IT CLEAN”.
Below is a copy of the full statement:
Check out the new banknotes below: