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BREAKING: CBK Introduces Changes to KSh50-KSh1,000 Banknotes with Enhanced Security Features

Lorren AliwaBy Lorren AliwaAugust 7, 2024Updated:August 7, 2024No Comments1 Min Read
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The Central Bank of Kenya (CBK) has announced significant updates to the Kenyan currency, affecting the KSh50, KSh100, KSh200, KSh500, and KSh1,000 banknotes.

In a statement issued on Tuesday, August 6, CBK detailed the changes, which include new security features and updated signatures.

The revamped banknotes will now feature the signatures of CBK Governor Dr. Kamau Thugge and Principal Secretary of the National Treasury Dr. Chris Kiptoo.

Additionally, the new notes will bear the year of print—2024—and will incorporate new security threads with color-changing effects unique to each denomination.

“The rest of the features remain the same as those of the series issued in 2019,” CBK stated.

The new banknotes will start circulating with the KSh1,000 denomination, followed by other denominations in the coming months.

Despite the introduction of new notes, CBK assures the public that all existing banknotes will continue to be legal tender and will circulate alongside the newly released currency.

This update aligns with CBK’s mandate to issue and manage Kenya’s currency, as outlined in Article 231 (2) of the Constitution of Kenya and Section 22 (2) of the Central Bank of Kenya Act.

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