Ghana Cedi New GH¢5 note out; Kwegyir Aggrey replaces 'big six'

The note is being introduced as part of the Central Bank’s 60th anniversary, which falls on March 4, this year.

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The Bank of Ghana will from Tuesday, March 7, 2017, circulate a new GH¢5 Ghana note with new security features and design.

The note is being introduced as part of the Central Bank’s 60th anniversary, which falls on March 4, this year.

The GH¢5 cedi note will have additional security features that are sensitive to touch to enable the visually impaired identify it.

READ MORE: Bank of Ghana to introduce a commemorative GH¢5 note

play Old GH¢5


The note depicts the image of Ghanaian missionary, James Emman Kwegyir Aggrey credited for being one of the apostles of education in the then Gold Coast.

READ ALSO: Bank of Ghana not issuing new denominations

The note, when introduced will be a legal tender as well as a collector’s item.

The climax of the 60-year celebration of the Bank of Ghana is, however, expected to take place in August this year.

play New GH¢5


Head of Issue at the Central Bank, Edward Musey said "There would be a significant departure in terms of the upgrade of the security feature on the new GHC5 note, including the public security feature which would be introduced."

Background of Kwegyir Aggrey

James Emman Kwegyir Aggrey (October 18, 1875 – July 30, 1927) was an intellectual, missionary, and teacher. He was a native of Ghana who later emigrated to the United States, but returned to Africa for several years.

READ MORE: NPP gov't will review IMF deal - Osafo-Maafo

In 1898, at the age of 23, he was selected due to his education to be trained in the United States as a missionary. On July 10, 1898, Aggrey agreed and left the Gold Coast for the United States, where he settled in Salisbury, North Carolina, and attended the Livingstone College He studied a variety of subjects at the university, including chemistry, physics, logic, economics and politics.

In May 1902 he graduated from the university with three academic degrees. Aggrey was very talented in language and was said to have spoken (beside English) French, German, Ancient and Modern Greek, and Latin.

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