As part of measures to get the citizenry educated on the upgraded cedi note, the Bank of Ghana has released a clearer version of the upgraded cedi notes due for circulation on May 6 2019.
The notes were signed by the Governor of the Bank of Ghana, Dr Ernest Addison, on March 4 2019.
The upgrade, according to the Bank of Ghana is meant to strengthen the currency against counterfeit, the central bank said in an April 8, 2019 press statement.
The BoG in the statement announcing the new notes explained that the new notes have enhanced security features in line with evolving changes in the technological landscape
BELOW ARE NEW FEATURES
1.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.
2. New Enhanced Security Thread (RAPID): It is a shiny broken line with
3. 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.
4.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.