All you need to know about the new GH¢100 and GH¢200 notes

The Bank of Ghana (BoG) has announced that it is introducing new high-value denominations of the cedi.

The high-value denominations are GH¢100 and GH¢200 banknotes.Additionally, Ghana's central bank is also introducing a new GH¢2 coin.

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.

Circulation

The Bank of Ghana (BoG) has announced that new denominations will go into circulation next week Monday, December 2, 2019.

According to the First Deputy Governor of the Bank of Ghana, Dr Maxwell Opoku Afari, although the banknotes became legal tender after the launch, commercial banks will start picking up the new banknotes from the BoG on Monday.

PUBLIC SECURITY FEATURES

1. NEW MOTION SURFACE STRIPE (SECURITY THREAD)

It is the wide shiny stripe that runs down the front of the banknote from top to bottom.

2. OPTICALLY VARIABLE MAGNETIC IMAGE (OVMI) - SPARK LIVE

It is a shiny colour changing image of the Adinkra symbols STRENGTH' on the GH¢100 and 'ONLY GOD' on the GH¢200. When the note is tilted, a shiny bar moves up and down the symbols. The colour changes from Gold to Green when tilted.

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.

4. ENHANCED IRIDESCENT BAND AT THE BACK OF THE BANKNOTE

It is a golden bond 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.

The upper part has a three-dimensional image of an Adinkra symbol moving above an apparently deep background: the symbol of 'STRENGTH' on the GH¢100, and 'ONLY GOD' symbol on the GH¢200.

The lower part of the stripe features the parliamentary mace on the GH¢100 and state sword on the GH¢200. When tilted these images appear to move.