Central Bank of Kenya Updates on New Banknotes modifications

Nairobi, Kenya – November 20, 2024 – The Central Bank of Kenya (CBK) has issued an update regarding the rollout of the newly designed Kenyan currency banknotes, following an initial announcement made on August 6, 2024. This update outlines the progress and details of the new banknotes’ release.

In the initial press release, the CBK informed the public about changes to the fifty shillings (KES 50), one hundred shillings (KES 100), two hundred shillings (KES 200), five hundred shillings (KES 500), and one thousand shillings (KES 1,000) currency banknotes. The modifications include:

The signature of the Governor of the Central Bank of Kenya, Dr. Kamau Thugge.
The signature of the Principal Secretary, National Treasury, Dr. Chris Kiptoo.
The year of print – 2024.
New security threads with color-changing effects specific to each denomination.

The updated press release dated November 20, 2024, confirms that the rollout of the new banknotes is progressing as planned. The release began with the KES 1,000 note and has now extended to the KES 50, KES 100, KES 200, and KES 500 denominations. The CBK reiterated that all other features of the new banknotes remain the same as those issued in the 2019 series.

The Central Bank emphasized that the current banknotes in circulation will remain legal tender and will circulate alongside the new banknotes. This ensures a smooth transition and continued stability in daily transactions and financial operations across the country.

For detailed information regarding the new banknotes, the public is encouraged to visit the CBK’s official website at www.centralbank.go.ke.

The Central Bank of Kenya continues to fulfill its constitutional mandate under Article 231 (2) of the Constitution of Kenya and Section 22 (2) of the Central Bank of Kenya Act, ensuring the integrity and security of the nation’s currency.

Central Bank of Kenya
November 20, 2024

For further inquiries, the CBK can be contacted through their official communication channels listed on their website.