Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

CBK’s new banknotes win global award for innovation and security

Huldah Matara by Huldah Matara
February 11, 2025
in News
Reading Time: 1 min read

The Central Bank of Kenya (CBK) has received global recognition for its latest series of banknotes, winning the Best New Series of Banknotes award at the High Security Printing – Europe, Middle East, and Africa (HSP-EMEA) Conference. The prestigious accolade highlights CBK’s efforts to enhance security and design in its currency, reinforcing Kenya’s commitment to financial integrity.

The award acknowledged CBK’s August 2024 release of a revamped banknote series, which introduced advanced anti-counterfeiting measures. The KES 1,000, 500, 200, 100, and 50 notes maintain a familiar design but incorporate Louisenhal’s RollingStar® i+ thread, offering heightened security. The KES 1,000, 500, and 200 notes feature a ZigZag dynamic movement effect, while the KES 100 and 50 notes utilize a Crystal effect, further strengthening protection against forgery.

Additional security elements include iridescent UV bands on all denominations and dual-color fluorescence, serving as a secondary safeguard against counterfeiting.

Dr. Kamau Thugge, Governor of the Central Bank of Kenya, emphasized the significance of the recognition:

RELATEDPOSTS

CBK maintains central bank rate at 8.75% amid rising inflation pressures

October 28, 2026

CBK holds benchmark rate at 8.75% for fourth consecutive time

October 8, 2026

“The award puts the Kenyan series of banknotes at the forefront of being appealing, secure, and of world-class status. They utilize the latest technology to mitigate counterfeiting, giving citizens assurance on the security of their currency.”

The award ceremony, held on February 4, 2025, in Basel, Switzerland, convened leading experts in security document production. Attendees included specialists in government-issued currency, fiduciary documents, ID cards, passports, and vehicle licenses, underscoring the broader impact of secure financial instruments.

CBK first unveiled the updated series in August 2024, launching with the KES 1,000 note, followed by the KES 500, 200, 100, and 50 notes. The new series now circulates alongside the 2019 banknotes, ensuring a seamless transition in Kenya’s monetary system.

 

Previous Post

The hidden dangers of chasing high-yield investments

Next Post

Kenya’s flower industry faces export shortfall ahead of valentine’s day

Huldah Matara

Huldah Matara

Versatile multimedia journalist with a keen interest in compelling stories that resonate with my audience. Reach out on huldahmatara12@gmail.com

Related Posts

News

African Stablecoin Adoption Gains Momentum

November 10, 2026
News

How operational efficiency influences corporate value

November 9, 2026
News

The Growing Appeal of Government Bonds

November 6, 2026
News

US Midterms, Israel’s Political Shift and the Iran War: What Lies Ahead for Global Markets?

November 6, 2026
Business

Why kenyan investors are pouring billions into government bonds

November 6, 2026
News

Kenya’s crypto market hits kSh740 billion as digital dollar demand grows

November 5, 2026

LATEST STORIES

Investing in USD Money Market Funds: A smart choice for stability and liquidity

November 10, 2026

African Stablecoin Adoption Gains Momentum

November 10, 2026

Employers face final hours to file October PAYE returns

November 9, 2026

How operational efficiency influences corporate value

November 9, 2026

The Growing Appeal of Government Bonds

November 6, 2026

US Midterms, Israel’s Political Shift and the Iran War: What Lies Ahead for Global Markets?

November 6, 2026

How working past state pension age affects your pension

November 6, 2026

Why kenyan investors are pouring billions into government bonds

November 6, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us

Sharp Daily © 2024