The Central Bank of Kenya (CBK) has announced significant changes to the Kenyan currency to uphold constitutional standards.
The redesigned notes, affecting denominations from Ksh.50 to Ksh.1,000, will circulate alongside the existing ones.
Key modifications include the signatures of the Central Bank Governor, Dr. Kamau Thugge, The National Treasury Principal Secretary, Dr. Chris Kiptoo. The year of print (2024), and enhanced security features such as color-changing threads.
The new notes will have a distinct feel and texture, with a watermark of a lion’s head and a security thread that changes color when tilted.
The Ksh.1,000 note will be the first to be released, followed by other denominations in the coming months.
These changes align with the Central Bank of Kenya Act, which mandates the bank to determine the characteristics of currency in consultation with the Ministry of Finance.