The Bank of Ghana new notes





Accra (Greater Accra) 22 November 2002 - The Bank of Ghana (BOG) in July, this year, announced that higher currency notes in denominations of ¢10,000 and ¢20,000 would be introduced this year.


The Bank also indicated that an extensive public education on the features of the ¢10,000 and ¢20,000 would be introduced as soon as the relevant educational materials were received from the printer.


The BOG, in a recent release to media gave the following descriptions as relating to the new notes.


Ten Thousand Cedis (¢10,000)

The theme of the ¢10,000 note is NATIONHOOD and the front shows the “Big Six” who led Ghana to Independence in 1957 namely;


-                     Dr. Kwame Nkrumah

-                     E. O. Obetsebi-Lamptey

-                     William Ofori Atta

-                     Edward Akufo-Addo

-                     Ebenezer Ako-Adjei

-                     Joseph Boakye Danquah


The back of this note has a view of the Independence Monument.


Twenty Thousand Cedis (¢20,000)

The theme of the ¢20,000 note is CULTURE. The front of this note has the portrait of Dr Ephraim Amu. Dr Amu was an artist of international standing. He recognised the power of music as an instrument of Nation building and his most famous work “Yen Ara Asase Ni” was before 1957, Ghana’s unofficial National Anthem. The back has a view of the National Theatre.


As already made known to the public, the Bank wishes to stress that the existing currency notes in all denominations shall continue to circulate side by side with the ¢10,000 and ¢20,000 notes. There is therefore no need to rush to exchange any of the existing notes for the higher denominations.


Finally, the Bank wishes to advise the public that in view of the high cost of printing currency notes, utmost care must be taken in the handling of all notes to prolong their lives and reduce the frequency of their replacement. The new notes will be put into circulation on 16 December 2002.



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