Central Bank of Kenya announces new series banknotes with four key changes

The Central Bank of Kenya said it has released the updated series of banknotes starting with Sh1,000.

In Summary

• The new general banknotes were launched during the 2019 Madaraka Day celebrations, by retired President Uhuru Kenyatta.

• "The rest of the features remain the same as those of the series issued in 2019," CBK added.

Kenya's new generation banknotes
Kenya's new generation banknotes
Image: FILE

The Central Bank of Kenya (CBK) has announced the dispatch of a new and updated series of banknotes.

The new notes will also come with at least four changes in them.

In the announcement, CBK said the notes will be in circulation alongside the current ones.

All denominations will be affected by the changes.

"The Bank has made some changes to the denominations one hundred shillings (Sh100), two hundred shillings (Sh200), five hundred shillings (Sh500) and one thousand shillings (Sh1,000) currency banknotes," CBK said on Tuesday.

The changes made include a new signature for the Governor, which will be that of current CBK boss Kamau Thugge, as well as that of the Member of the Board, who will now be Treasury Principal Secretary Dr Chris Kiptoo.

The other changes will be the year of print, 2024,  and a new security thread with colour changes to each denomination.

The Central Bank of Kenya said it has released the updated series of banknotes starting with Sh1,000.

"The rest of the features remain the same as those of the series issued in 2019," CBK added.

"Release of the banknotes will commence with Sh1,000, while other denominations will progressively follow in the coming months."

The new general banknotes were launched during the 2019 Madaraka Day celebrations, by retired President Uhuru Kenyatta.

Uhuru and former CBK Governor Patrick Njoroge had in December 2018 also launched the new generation coins that are currently in use.

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