The Bank of Ghana has introduced its new Heritage Series notes to commemorate 70 years of establishment.
The new notes have been designed to reinforce the security of the Cedi, enhance convenience in everyday transactions and instill a renewed sense of pride among Ghanaians in the national currency.
Launching the new notes, Governor of the Bank Dr Johnson Pandit Asiama said they are to be legal tender to celebrate the heritage that defines the people, among other reasons.
“This launch is more than the introduction of upgraded notes,” he said.
“It is an opportunity for us to reaffirm our responsibility to protect the Cedi, to celebrate the heritage that defines us and prepare our currency for demands of a changing world,” he added.
The new notes are expected to be in circulation from Tuesday, December 1.
The old notes will be legal tender alongside the new ones.
That is what President John Dramani Mahama reiterated as the Special Guest of Honour at the launch.
“The new notes will run side by side with the old currency notes,” he said.
“We are not displacing the old currency notes. The banks will withdraw the old notes gradually until the new notes take over completely.”
He also advised against politicising the new notes.
“The Cedi knows no political parties. Its usefulness rests on the confidence that we Ghanaians place in it.”
The launch at the Bank Square was under the theme: ‘The Cedi, Our Future: Secure & Designed to Last’.