Ghana to retain cotton banknotes under new Heritage Series – BoG

The Bank of Ghana (BoG) has announced that the new Heritage Series banknotes will maintain the traditional cotton material, but will be fortified for increased durability and security. Dominic Owusu, Director and Head of Currency Management at the BoG, explained that Ghana's tropical climate was a significant factor in the decision to avoid plastic or polymer notes.

Speaking on Joy FM’s Super Morning Show, Owusu highlighted that Ghana's warm conditions and high humidity make cotton banknotes more suitable. He noted that while some countries employ plastic banknotes, many are located in temperate climates that differ from Ghana's. The Heritage Series aims to reinforce the durability of the cotton material, ensuring the notes remain in circulation for extended periods.

The focus is on strengthening the cotton to maintain its longevity in circulation. However, Owusu stressed that this durability enhancement should not lead to improper handling of the currency. He emphasized that the public must still handle the banknotes with care. The Heritage Series will also incorporate advanced security features and enhance the functionality of Ghana's banknotes.

Owusu emphasized that the new notes are reinforced with security and are more durable, improving their functionality and usability. The initiative aligns with the Bank of Ghana's broader efforts to modernize the country's currency and respond to advancements in banknote technology and security. The cedi symbolizes Ghana's sovereignty, economic identity, and national pride. The new series is set to be officially launched on November 3, 2026, at the Bank Square in Accra.