The Kenyan currency notes have undergone major modifications by the Central Bank of Kenya (CBK) to uphold the requirements outlined in the Constitution.
The adjustments will impact Ksh.50, Ksh.100, Ksh.200, Ksh.500, and Ksh.1,000, according to a statement from CBK.
They made it clear that the modifications are an update to the earlier ones and thus distributed with the earlier ones.
Among the four major modifications to the banknotes are:
a. Dr. Kamau Thugge, the governor of the Central Bank of Kenya, signing.
b. Dr. Chris Kiptoo, Principal Secretary of the National Treasury, signing.
c. 2024 is the print year, and
d. New security threads tailored to each denomination that include color-changing effects.
“The remaining features are identical to those of the 2019 series.” Part of the statement said, “All banknotes that are currently in circulation remain legal tender and will circulate alongside the released banknotes.”
The Ksh. 1,000 denomination of currency notes will be released first, with the remaining denominations to follow in the upcoming months.
Additionally, the note’s security thread will show as a single, continuous line. When titled, it will also change color.
The banknote’s value may be seen on the golden band when it is exposed to Ultra-Violet light.
In conclusion, the modifications are compliant with Section 22 of the Central Bank of Kenya Act, which specifies that the Bank shall determine, in consultation with the Minister, the denominations, inscriptions, forms, material, and other characteristics of the notes and coins it issues, and shall notify the public through the Gazette and other media of information likely to draw attention to them.
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