Ghana Launches Smaller, Tougher Banknotes

Ghana launches smaller and tougher banknotes (News Central TV) Ghana launches smaller and tougher banknotes (News Central TV)
Ghana launches smaller and tougher banknotes.
 Credit: AFP

Ghana introduced smaller, more durable banknotes on Thursday featuring advanced anti-counterfeiting safeguards and designs honouring national heroes as part of a major currency modernisation effort.

President John Mahama unveiled the new “Heritage Series” during a ceremony in Accra, noting that the compact format makes everyday transactions easier for citizens while improving portability.

Manufactured from reinforced cotton paper, the redesigned currency is built to withstand frequent handling and the country’s tropical climate, significantly reducing wear and replacement costs.

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Ghana launches smaller and tougher banknotes (News Central TV)
Ghana launches smaller and tougher banknotes.
 Credit: AFP

The Central Bank of Ghana integrated enhanced tactile markings to assist visually impaired individuals and retained eight denominations ranging from one to 200 cedis, which includes the official return of the two-cedi banknote.

Ghana launches smaller and tougher banknotes (News Central TV)
Ghana launches smaller and tougher banknotes.
 Credit: AFP

The new notes will enter circulation on December 1 alongside existing legal tender, with no changes to the overall currency value.

Beyond upgraded security features, the series celebrates prominent figures such as Ghana’s first president, Kwame Nkrumah, and former United Nations Secretary-General Kofi Annan, alongside historic national landmarks.

Bank of Ghana Governor Johnson Asiama emphasised that physical cash remains vital for monetary resilience despite growing digital payment adoption.

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  • Abisoye Adeyiga

    Abisoye Adedoyin Adeyiga holds a PhD in Languages and Media Studies and a Master’s in Education (English Language). Trained in digital marketing and investigative journalism, she is passionate about new media’s transformative power. She enjoys reading, traveling, and meaningful conversations.

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