Ghana to Introduce Upgraded Banknotes

18 Apr 2019  Thu

The Bank of Ghana will be circulating upgraded banknotes with improved security features, machine readability and durability on 6th May 2019. The existing banknotes will continue to be legal tender.

A shiny colour-changing image called Optically Variable Magnetic Image (SPARK LIVE) will be applied on the cowrie shell of the GH cedi 10, star of the GH cedi 20 and cocoa pod of the GH cedi 50. The shiny line moves up and down upon tilting the notes as its colour changes from gold to green.

A shiny broken line from top to bottom of the note called New Enhanced Security Thread (RAPID) is also incorporated. The line appears to be continuous when held against a light source. A star expands and contracts while the denomination value stays still upon tilting the note.

The watermark featuring Tetteh Quarshie with a cocoa pod is more prominent in the plain star area. When held against a light source, it becomes visible on both sides. The watermark area also features the denomination value.

Enhanced Iridescent Band on the reverse contains a golden band with gold bars from top to bottom. It’s seen clearly when the note is tilted. The unchanged design elements include the Big Six portrait, denominational colours, dimensions and other important elements.

Image Courtesy: Google Images

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