New GH¢2 Coin Overview In Ghana

By | October 2, 2021
Ghanaian 2 Cedi coin

This article has more lights to be thrown on the new coin currency, the 2 Ghana Cedis coin as a legal tender for the country Ghana.

Not long ago was when the Bank of Ghana introduced Ghana’s highest coin currency, that is the GHS 2.00 coin in the country.

Many Ghanaians reacted to the release of this GHS 2.00 coin — but later decided to give it a try by using it for transactions at the markets, bank, shop, schools, exchange, making and receiving payments and much more.

This article post here is going to educate you more about the New GH¢2 Coin Overview In Ghana 2021.

Before, the GHS 1.00 was the only highest coin currency that is available in Ghana until the Bank of Ghana introduced the GHS 2.00 coin on the later part — as part of its legal tender for making transactions.

The Bank of Ghana

According to the Wikipedia, the Bank of Ghana (abbreviated as BoG) is the central bank of Ghana. The bank has its headquarters located in Accra and was formed in the year 1957. Bank of Ghana is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion in the country. The currency used in Ghana is the Ghanaian Cedi with a short form like this; GHS.

RELATED:  What To Do If Your WASSCE Results Have Been Withheld


Shape10 Sided

Images of the New GH¢2 Coin in Ghana

  • The front image is the Ghana Coat of Arms.
  • The back image is the Seat of Government building (Jubilee House) with surrounding fence.

The Security features on both sides of the coin are:

  • Latent image which shows alternating image of the numeral ‘2’ and start when tilted
  • Distinct ten (10) sided shape with serrations at the edges
  • Bimetallic material with outer gold colour and inner silver colour
  • Micro lettering of the small writing ‘Ghana 2 Cedi’ at the back of the coin.
  • National arms on inner disc, date below, and the latent image between left and right, depicting the value.

Why has the Bank of Ghana introduced GH¢2 coins?

The Bank of Ghana intends to gradually replace its lower banknotes
denominations with coins to reduce its cost of printing. Bank of Ghana will also embark on a vigorous campaign among road transport workers, market operators, small businesses, supermarkets, vendors and others to create avenues for the usage of the coins including develop infrastructures for coin usage.

How to contact Bank of Ghana

This is the contact for Bank of Ghana — if you are willing to visit the bank or contact them.

Address: One Thorpe Road, P.O. Box GP 2674, Accra

Telephone: 030 266 6174-6

E-mail: [email protected]

Thank you for reading more about the new GH¢2 coin in Ghana by the bank of Ghana.

Thank You for reading this post from Latest Ghana as online entertainment and news portal from Ghana. Don’t forget to recommend our site, Latest Ghana to your friends and family who might also profit from the information on our website and check out our other articles because we have more information to bring to you via your devices.

RELATED:  List Of 16 Regions In Ghana And Their Capitals 2021

I believe you have any comments or suggestions to drop about this article, kindly make use of the comment box below and reach us for more discussion.

Latest Ghana is on the mission to promote anything latest from Ghana; Latest Entertainment News, General News, Sports, Insurance, Banks, Mortgage, Farming, Scholarship, Education and Schools Admission, Product pricing, Food, Fashion, Health, Business and more.

Category: General Tags: ,

About Latest Ghana

Welcome to Latest Ghana website serving as an entertainment and news portal in the nation Ghana. At here, we try to discover anything entirely Ghana and give you all the guides and steps. We are hoping to become a bigger news provide online in Ghana. We serve you in some field such as business, gossip, insurance, banks, Telecoms, Opinions, Fashion, Farming, Mobile Money services, beauty, Loans, education, scholarship, hospitality, career guide, jobs and much more. We seek to become a trusted online brand in Ghana for anything you may need to know about Ghana entirely. Latest Ghana is an online magazine portal in Ghana you can check out for your everyday entertainment news.

Leave a Reply