5 Cedis

Ghana's 5 Cedi denomination has historically been the workhorse of everyday retail transactions, and the P#46 series continued that role through a period of significant inflationary pressure — the cedi lost roughly half its value against the US dollar between 2019 and 2022. De La Rue's involvement with Ghanaian currency printing goes back decades, a relationship that has survived multiple redenominations, including the 2007 rebasement that converted 10,000 old cedis into one new cedi.

The security thread specification places this note firmly in De La Rue's mid-tier package for West African clients — colour-shifting ink on a cotton substrate of this weight is prone to premature soiling in high-humidity circulation environments, which tends to shorten the practical lifespan of lower denominations considerably.