By: KALD | Voltaonlinegh.com |
The Bank of Ghana (BoG) on Friday outdoored two new high-value denominated cedi notes – namely the GHc100 and GHc200 banknotes. In addition, the central bank also outdoored a new Ghc2 coin.
The new currencies, according to the BoG Governor, Dr. Ernest Addison will be in circulation in from Monday, December 2, 2019.
He explained that the introduction of a new GHc2 coin as well as GHc100 and GHc200 banknotes into circulation is to ensure customer convenience and bring about efficiency in the printing of currency to generate savings for the country.
Speaking at a press briefing in Accra, Dr. Addison disclosed that new coin and notes were decided upon after a review of the structure, acceptability and use of the individual currency which begun in March 2017.
He however maintained that the introduction of the high-value notes should not be misinterpreted as a shift away from the Central Bank’s policy of pursuing a cash lite economy and promoting the use of electronic modes of payments.
Highlights of the New Banknotes
- The general design of the new notes follow the same style of existing Ghana cedi banknotes
- The colour scheme of GH¢100 note is predominantly grey with turquoise highlights and it has dimensions of 157millimetres x 80 millimetres.
- The main image at the back of the GH¢100 banknote is Ghana’s parliament chamber and the secondary image is the parliament building.
- The colour scheme of the GH¢200 is predominantly terracotta with red-grey highlights.
- The main image at the back of the GH¢200 banknote is the Seat of Government (Jubilee House). The secondary image is part of the fence surrounding the Seat of Government (Jubilee House) building.