The Bank of Ghana has clarified that its upcoming Heritage Series of cedi banknotes will not introduce any new denominations above GH¢200. Head of Currency Dominic Owusu said the new series, scheduled for launch on November 3, 2026, will retain the existing denominations and focus on upgrading the notes already in circulation.
Owusu told Eyewitness News on September 24 that the upgraded notes will keep the current GH¢1, GH¢2, GH¢5, GH¢10, GH¢20, GH¢50, GH¢100 and GH¢200 denominations. He added that no additional denomination beyond GH¢200 would be part of the Heritage Series.
The decision follows the Bank’s announcement of the Heritage Series as part of efforts to modernise the cedi and strengthen its security, durability and functionality. Governor Dr Johnson Pandit Asiama unveiled the plan after the 132nd Monetary Policy Committee meeting.
According to Owusu, the new banknotes will feature national heroes, monuments, cultural motifs and other iconographic elements to highlight Ghana’s heritage. The notes will continue to use a 100 per cent cotton substrate, though the material will be more reinforced than the existing notes. A switch to polymer was ruled out.
Enhanced security features will be incorporated to protect the currency against evolving counterfeiting techniques, including those enabled by artificial intelligence. Owusu emphasized that the current banknotes will remain legal tender and will co-circulate with the new series, so there is no immediate need for exchanges.
With the Heritage Series set to roll out in November, the Bank of Ghana aims to provide a more secure and durable cedi while preserving the familiar denominations that Ghanaians use daily.
