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5 Cedis

Issuer Bank of Ghana
Year 2017
Type Standard circulation banknote
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Obverse description Intaglio portrait of Dr. James Amman Kwegyir Aggrey in three-quarter facing bust occupies the right portion of the note, his name and life dates (1875–1927) printed vertically along the right margin. At centre, a multicolour underprint vignette of the Bank of Ghana headquarters building is overlaid with a vertical strip of electrotype numerals and stars. The Ghanaian coat of arms with the motto FREEDOM AND JUSTICE appears at lower centre beneath the Governor's facsimile signature and the date 4th August 2017, flanked by the denomination numeral GH¢5 rendered in large intaglio figures at upper left and lower right.
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Protection description Watermark portrait of Dr. James Amman Kwegyir Aggrey; embedded security thread; QR code at lower right of reverse
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Comments

Ghana's cedi has been redenominated twice since independence — most drastically in 2007, when the "new cedi" replaced the old at a rate of 10,000 to 1, wiping four zeros from a currency that had been savaged by decades of inflation. This 2017 issue belongs to the post-redenomination series, printed by Thomas De La Rue under a long-standing contract with the Bank of Ghana that has supplied the country's currency needs for much of its post-colonial history.

The QR code inclusion, unusual for a note in this denomination range, reflects Bank of Ghana's push toward machine-verifiable authentication following a period of heightened counterfeiting pressure in the mid-2010s.

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