Mahama to Unveil New Cedi Heritage Series Banknotes on November 12

President John Dramani Mahama is expected to officially unveil Ghana’s new Heritage Series banknotes on Thursday, November 12, 2026, at the Bank of Ghana’s headquarters, Bank Square, in Accra.

The ceremony, scheduled for 10:00 a.m., will introduce redesigned banknotes featuring enhanced security features, more durable materials and updated designs intended to reflect Ghana’s national heritage.

The Bank of Ghana is organising the launch under the theme, “The Cedi, Our Future: Secure, Designed to Last.”

The Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, has described the new currency series as part of efforts to respond to changing economic conditions, technological developments and the threat of counterfeiting.

According to the Governor, the redesigned notes will incorporate improved security features and materials to strengthen their durability and protect the integrity of the national currency.

The Heritage Series will cover Ghana’s existing banknote denominations: GH¢1, GH¢5, GH¢10, GH¢20, GH¢50, GH¢100 and GH¢200.

The redesign will also see the return of the GH¢2 banknote.

Coins are not included in the planned currency upgrade.

The Bank of Ghana has emphasised that the introduction of the Heritage Series does not amount to a redenomination of the cedi. The face value of the currency will remain unchanged, with the exercise focused on improving the design, durability and security of banknotes.

The central bank has assured the public that existing banknotes will not become invalid following the unveiling.

Old and new notes are expected to circulate side by side as legal tender until further notice.

The public has consequently been advised against rushing to exchange existing notes or withdrawing money in anticipation of the new currency.

Although the official unveiling is scheduled for November 12, the new banknotes are not expected to enter circulation immediately.

A phased distribution through commercial banks is anticipated to begin in the first week of December 2026. The period before the rollout is expected to allow for public education, adjustments to automated teller machines (ATMs) and other preparations within the banking system.

The unveiling is scheduled for the same day Finance Minister Dr Cassiel Ato Forson is expected to present the 2027 Budget Statement and Economic Policy to Parliament.

The two events will bring together major monetary and fiscal announcements on the same day.

However, organisers are hopeful that the Bank of Ghana ceremony will conclude in time for the Finance Minister’s budget presentation later on Thursday.

The introduction of the Heritage Series is expected to mark a new phase in the design and security of Ghana’s banknotes, while maintaining the existing denominations and legal status of the cedi.