Economy & Trade

Ghana launches new Heritage Series cedi notes to boost security and durability

The new series covers the same eight denominations currently in use: GH¢1, GH¢2, GH¢5, GH¢10, GH¢20, GH¢50, GH¢100, and GH¢200. The Bank of Ghana explicitly stated that this is not a redenomination; the value of the cedi remains unchanged, and all existing banknotes will continue to circulate as legal tender alongside the new notes. The GH¢2 note, which had been previously scarce, is notably included in the new series.

Dr. Johnson Pandit Asiama, Governor of the Bank of Ghana, explained that the new notes are designed to withstand Ghana’s climatic conditions and frequent handling, thereby extending their lifespan. He highlighted that the notes feature smaller sizes for greater portability and convenience in everyday transactions. Additionally, the design incorporates African symbols, including Adinkra symbols, for the first time on the national currency, aiming to instill a stronger sense of national pride and cultural identity.

Photo by Sincerely Media on Unsplash

The Heritage Series features prominent national figures and historic sites. Dr. Kwame Nkrumah appears on the GH¢200 note, making him the only member of the “Big Six” independence leaders featured on the new currency; the other five members are omitted. The GH¢1 note honors Agnes Oforiwa Tagoe-Quarcoopome, a 1940s textile merchant and market queen, with the reverse depicting the Makola market. The GH¢2 note features Cardinal Peter Dery and the Larabanga Mosque. The GH¢5 note showcases educationist James Emman Kwegyir Aggrey on the front and Achimota School on the reverse, marking the first time a senior high school has appeared on a Ghanaian banknote.

The Bank of Ghana scheduled the November 12 launch to coincide with the budget presentation, citing prior travel arrangements for foreign guests from the banknote printing company. To facilitate the transition, the central bank plans a nationwide education campaign to help the public identify the new security features. Commercial banks will use the interim period to recalibrate ATMs and cash-handling machines.

Photo by Bornil Sarker on Pexels

The new banknotes are expected to enter general circulation in the first week of December 2026. This timeline allows for technical adjustments and public awareness initiatives before the new notes become the primary form of physical currency in the market.

Megan Clark

Megan Clark writes about economic policy, trade relationships, prices, markets, and major shifts affecting businesses and consumers. She follows data releases, government announcements, tariffs, and international trade developments. Megan combines current information with relevant context so readers can see how individual economic events connect to broader trends.

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