The Bank of Ghana (BoG) has announced that its newly upgraded Ghana Cedi Heritage Series will officially enter circulation on December 1, 2026, with existing banknotes remaining valid for daily transactions.
Unveiled at Bank Square in Accra on Thursday, November 12, 2026, the revamped currency boasts upgraded security elements, tougher material durability, and more compact, portable dimensions aimed at safeguarding the cedi and easing everyday business.
Speaking at the launch ceremony, Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, noted that the fresh designs seek to bolster public trust in the local currency while showcasing the nation’s rich history and cultural identity through national heroes, historic sites, monuments, and Adinkra symbols.
Dr Asiama assured Ghanaians and the business community that the current notes will not be withdrawn immediately, stressing that a phased approach has been adopted to prevent market panic or operational bottlenecks.
“The Heritage Series will be introduced into circulation from December 1, 2026, and will circulate alongside the existing series, which remains legal tender. This approach will allow the public and businesses to adjust smoothly to the Heritage banknotes without unnecessary disruption to economic activity. The Bank remains committed to a well-managed transition that supports continuity in payments and reinforces confidence in the cedi,” he said.
According to the Governor, the fortified security features will frustrate counterfeiters and allow ordinary citizens to verify genuine notes effortlessly. He further pointed out that the enhanced durability will ensure the banknotes endure frequent handling and Ghana’s tropical weather conditions, thereby prolonging their lifespan in circulation.
Despite the rapid rise of digital financial services across the country, Dr Asiama maintained that physical cash remains indispensable to Ghana’s monetary stability, especially during periods of electronic network failures, cyber threats, or system outages. He reiterated the central bank’s commitment to modernising payment infrastructure without compromising the availability and reliability of physical cash.
To ensure seamless adoption, the central bank has introduced a new Cedi App designed to familiarise the public with the Heritage Series and assist visually impaired persons in identifying denominations. This will be backed by a nationwide sensitisation drive conducted in major local languages to educate citizens on spotting fake notes and handling currency properly.
On the legislative and operational front, Dr Asiama revealed that the BoG is collaborating with key stakeholders to draft a new Currency Act to replace the decades-old Currency Act, 1964 (Act 242). The upcoming law will enforce stiffer sanctions against counterfeiting, establish clear protocols for detecting, surrendering, authenticating, and destroying fake currency, and provide firmer legal backing to punish the defacement and abuse of notes and coins.
Additionally, the central bank has built an Enterprise Currency Operations Management Software (ECOMS) entirely in-house to streamline currency operations between the BoG and commercial banks, alongside plans to open new Cash Centres at its Ho and Tamale Regional Offices to decentralise access to currency services.
The rollout of the Heritage Series forms a major pillar of the central bank’s broader strategy to modernise currency management ahead of its 70th anniversary celebrations on March 4, 2027.
By: Rainbowradioonline.com/Ghana