Ghana’s central bank will introduce a new series of cedi banknotes on November 3, featuring enhanced security measures, improved durability and designs highlighting the country’s heritage, while existing notes will remain legal tender.
The Bank of Ghana said the new “Heritage Series” will be officially launched at Bank Square in Accra. The series will carry the theme “The Cedi, Our Future Secured; Designed to Last.”
The upgraded notes will cover all eight denominations currently issued: GH¢1, GH¢2, GH¢5, GH¢10, GH¢20, GH¢50, GH¢100 and GH¢200. The GH¢2 denomination, which has been absent from circulation, will also be reintroduced.
Bank of Ghana Governor Johnson Pandit Asiama said the redesign was intended to strengthen protection against counterfeiting, extend the lifespan of banknotes and improve currency management. The central bank said the current designs have been in circulation for more than two decades, during which security technology and currency-use patterns have evolved.
The new designs will also incorporate Ghanaian cultural and historical elements, including references to national heroes and the country’s heritage. The central bank described the initiative as part of efforts to modernise the national currency while maintaining its role in supporting economic activity.
Existing notes to remain valid
The introduction of the Heritage Series will not withdraw the existing cedi banknotes from circulation.
The Bank of Ghana said the new notes will circulate alongside the existing banknotes, which will remain legal tender. It urged the public not to rush to exchange or withdraw existing notes simply because the new series is being introduced.
The central bank also appealed to businesses, traders and financial institutions to handle banknotes carefully. It said practices such as crumpling, writing on, stapling or using notes for decorative purposes can reduce their quality and increase replacement costs.
The Bank of Ghana said better-preserved banknotes should remain usable for longer, helping reduce the frequency and cost of replacing damaged currency.