13 July 2012

Ghana: Upgraded Gh50 Virtually Impossible to Replicate

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.

Copyright © 2012 Public Agenda. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.