Heritage Series banknotes could hit circulation weeks after November 12 launch

Ghana's upgraded cedi banknotes, called the Heritage Series, are set to enter circulation roughly two weeks following their official launch on November 12, 2026. Bank of Ghana officials have informed news outlet JoyBusiness that they aim to give the public and commercial banks ample time to prepare for the new banknotes. A phased rollout through commercial banks might commence in early December.

The interval between the launch and circulation is intended to educate the public about the notes' enhanced features, and allow commercial banks enough time to adjust their cash-handling systems and ATMs to recognize and process the upgraded banknotes. The central bank is keen to avoid the complications encountered when they introduced the GH¢200 note, where some ATMs were unable to accept the denomination due to a lack of calibration.

Existing banknotes will remain legal tender and circulate alongside the Heritage Series. The public is advised not to rush to exchange or withdraw existing notes merely because of the introduction of the new series. The Heritage Series will include the denominations GH¢1, GH¢5, GH¢10, GH¢20, GH¢50, GH¢100, and GH¢200, as well as reintroduce the GH¢2 note.

The upgrade isn't a redenomination and will not alter the value of the Ghana cedi. The main driver for the enhanced security features is a concern over counterfeiting existing notes, coupled with changes in currency use, technological advancements, and the need for ever-improving security standards. The new notes will also have a refreshed design reflecting Ghana's heritage and aspirations, with each denomination paying homage to national heroes and celebrating Ghana's culture and identity, featuring recognisable Ghanaian imagery.

Despite the launch date coinciding with the 2027 Budget presentation, the Bank of Ghana plans to stick to the original schedule. President John Mahama is expected to officiate the launch ceremony at 10 a.m., with Finance Minister Dr Ato Forson presenting the budget to Parliament later that day.