Mahama assures Ghanaians old cedi notes remain valid alongside new Heritage Series

President John Dramani Mahama has assured the people of Ghana that the current cedi banknotes will continue to be used alongside the newly introduced Heritage Series until commercial banks start phasing out the older notes. This assurance was made during the launch of the Heritage Series at the Bank Square in Accra on November 12, 2026.

Speaking at the event, Mahama explained that the introduction of the redesigned currency would proceed gradually, with both series coexisting as legal tender throughout the transition period. He emphasized that the new notes would not replace the old currency notes but rather stand alongside them.

Mahama also reflected on the resilience of the cedi despite Ghana's economic challenges, highlighting its endurance through difficult periods and uncertainties that impacted businesses and households. He described the cedi as a symbol of Ghana's economic sovereignty, despite the pressures it has faced over the years.

The launch of the Heritage Series presented an opportunity to acknowledge not only the currency's historical significance but also the resilience and hard work of the Ghanaians whose livelihoods depend on its strength. Mahama stated that the next priority was to strengthen the economic foundations of the cedi through his government's New Economy Programme, which was a key component of the 2027 national budget.

The Heritage Series will be rolled out gradually, ensuring that both the existing and newly introduced banknotes circulate concurrently until the transition is fully completed.