The Bank of Ghana has announced the creation of an upgraded GH50 (Fifty Ghana Cedi) banknote expected to begin circulation in early August 2012.
As one of the most sophisticatedly copied banknotes in Ghana, this improved currency has been designed with new security features to battle illegal replication. Because of its high value, the bill has been compromised by both internal and external counterfeiters in the past.
To avoid a loss of confidence in the legitimacy of the GH50, the Bank has applied a more secure public recognition feature called SPARK, combined with other features. The Spark (which replaces the hologram) is in the form of a green cocoa pod at the bottom right hand corner of the banknote,explains the Bank. When the banknote is tilted the cocoa pod changes colour progressively from green to blue and back to green. A beam of light rolls on the cocoa pod.
With hopes to spread awareness about the upgraded GH50 banknote and its arrival, the Bank of Ghana officially launched a public education campaign on July 9, 2012.