CBK announces 4 changes to Kenyan banknotes

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CBK announces 4 changes to Kenyan banknotes

The Central Bank of Kenya (CBK) has made some changes to the Kenyan currency.

In a statement dated Tuesday, August 6, CBK said the changes would affect the KSh50, KSh100, KSh200, KSh500 and the KSh1,000 currency banknotes.

Kenyan banknotes will now bear the signature of the Governor of the Central Bank of Kenya, Dr. Kamau Thugge, as well as the signature of the Principal Secretary, National Treasury Dr. Chris Kiptoo.

CBK also says that the new banknotes will bear the year of print-2024, and will have new security threads with colour changing effects that are specific to each denomination.

“The rest of the features remain the same as those of the series issued in 2019,” CBK says. “All banknotes currently in circulation remain legal tender and will circulate alongside the released banknotes.”

The release of the new banknotes will commence with KSh1,000, while other denominations will progressively follow in the coming months.

The Central Bank of Kenya (CBK) is mandated to issue currency as conferred by Article 231 (2) of the Constitution of Kenya and Section 22 (2) of the Central Bank of Kenya Act.

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