Social media reacts to BoG's introduction of GH¢100, GH¢200 notes and GH¢2 coin

Social media users have shared their opinions on BoG's introduction of GH¢100, GH¢200 notes and GH¢2 coin.

This was announced by the Governor of the Central Bank, Dr. Ernest Addison at a press conference in Accra on Friday.

Explaining the rationale for the development, the governor said the face value of the cedi compared to the US dollar over the past 12 years had eroded due to sustained periods of high inflation and depreciation.

READ ALSO: Check out the new GH¢100, GH¢200 notes and GH¢2 coin introduced by BOG

There seem to be mix reactions from several users as some think this is unnecessary, others think the BoG should have done some form of public education before this move.

READ ALSO: BOG to embark on nationwide campaign to educate Ghanaians on new denominations

Here are some reactions

Yawaa Bank of Ghana. The Ghc200 sef dey make adey faint more. It takes me back to late 2017 when someone snitched my last Ghc50 for hostel. Yawaa 😭😭😭 pic.twitter.com/KARZ1SO2yD

— Siisi (@UTDSiisi) November 29, 2019

With a salary of Gh200 Ghana can i go to bank and take only one note?😬
Bank of Ghana why?😢😢😢 pic.twitter.com/7P5YWZHuS9

— #MysticMysterious🇬🇧 🇬🇭 (@mystimysterious) November 29, 2019

I never vote before but this gov't di33 not not

Who Asked for this? Bank Of Ghana

— 𝓑𝓪𝓶𝓫𝓪 (@AskBamba) November 29, 2019

https://twitter.com/natty_king01/status/1200375340394303491

New Ghana Cedis notes. A smart one from Bank of Ghana and the Government, December is a time to put money into the pockets of Ghanaians then boom HYPERINFLATION will cut down on debt...
Smart move ...they just want to cut down on debts @JDMahama @nathan_quao @thenanaaba

— Ernest Kofi Nodzi (@NodziKofi) November 29, 2019

So Bank of Ghana gave no prior notice then boom 100gh and 200gh notes. So if your go to the bank and you are given this new notes, will you accept it?

— 𝓢 𝓮 𝓻 𝔀 𝓪 𝓪🇬🇭 ➐ (@serwaa_baeb) November 29, 2019

https://twitter.com/MrRockson/status/1200368787238924288

Look at what Bank of Ghana is doing. When we say hustle you dont listen ,😂😂😂😂😂😂😂😂😂 pic.twitter.com/UbPTm3ifG9

— Comedianwaris (@ComedianWaris) November 29, 2019

The new cedi notes bank of Ghana dey carry come di33. If my 200 cedis note loss, ago explain give everybody I meet on my way back home. pic.twitter.com/2UfidhEAqm

— 🇬🇧Black Half-caste (@_jacksson) November 29, 2019

Bank Of Ghana too why,don’t they know that new Cedi notes will further inflate our economy,not a good idea if you ask me,in any case why does the NPP Government like introducing new Cedi notes like that,well If you know you know.

— Different Mind/Different Thoughts𓃵🇬🇭🇺🇸 (@_Roofman2131gh) November 29, 2019