CBK unveils new generation currency notes
The Central Bank of Kenya unveiled the new generation currency notes during the 56th Madaraka Day celebrations. Kenyans now have up to 31st of October to change their old sh 1000 notes to the new generation sh1000 notes. According to CBK, Kenyans holding Sh1, 000 notes will not need to have a bank account to exchange them for the new generation ones.
But with the transition, there is a fear of the sprouting of fake notes. All the new notes bear images of the iconic Kenyatta International Convention Centre (KICC) and a statue of the founding President Jomo Kenyatta’s monument at KICC.
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The 50 shillings note bears images that symbolize green energy at the back while the Sh100 note bears agriculture related images. The Sh200 notes bear images of social services, the Sh500 tourism images and the Sh1000 note, which is the highest denomination, bears governance images.