Kenyans can expect to see some familiar faces – and signatures – on their money soon.
The Central Bank of Kenya (CBK) announced changes to the country's banknotes, affecting denominations from Sh50 to Sh1,000.
This move comes under the bank's mandate to manage the national currency, as outlined in both the Kenyan Constitution and the Central Bank of Kenya Act.
While the overall design of the notes remains unchanged from the 2019 series, several key updates have been implemented.
Governor of the Central Bank of Kenya, Dr. Kamau Thugge, and Principal Secretary, National Treasury, Dr. Chris Kiptoo, will now see their signatures grace the new banknotes, alongside the year of printing - 2024.
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But the most significant change lies in the enhanced security features. Each denomination will boast new security threads with unique colour-shifting effects, making it even harder to counterfeit Kenyan currency.
"The rest of the features remain the same as those of the series issued in 2019," the CBK assures the public in a press release.
This update ensures a smooth transition, with all existing banknotes remaining legal tender and circulating alongside the new ones.
The rollout will begin with the 1,000 shilling note, with other denominations following suit in the coming months.
Press Release: Kenya Banknotes pic.twitter.com/Hku9fVJ7Fu
— Central Bank of Kenya (@CBKKenya) August 7, 2024