Sharp Daily
No Result
View All Result
Saturday, June 13, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home Banking

CBK rolls out updated banknotes with enhanced security features

Huldah Matara by Huldah Matara
November 20, 2024
in Banking
Reading Time: 1 min read

The Central Bank of Kenya (CBK) has announced the progressive rollout of updated banknotes for KES 50, KES 100, KES 200, and KES 500 denominations, continuing its initiative to enhance Kenya’s currency series. This follows the release of the revised KES 1,000 note earlier this year.

In a statement dated November 20, 2024, the CBK highlighted that the updated banknotes feature key changes aimed at improving security and reflecting institutional updates. These include the inclusion of the signatures of CBK Governor Dr. Kamau Thugge and the Principal Secretary of the National Treasury Dr. Chris Kiptoo, as well as the year of print now marked as 2024. Additionally, the notes incorporate advanced security threads with color-changing effects that are specific to each denomination, ensuring increased protection against counterfeiting.

The CBK emphasized that while the updated banknotes are being gradually introduced, all other features of the currency remain the same as those in the series issued in 2019. The bank reassured the public that previously issued banknotes remain valid and will continue to circulate alongside the new ones.

“We wish to update the public that the release of KES 50, KES 100, KSh 200, and KES 500 denominations is now in progress. Other than the changes highlighted above, all other features of the banknotes remain the same as those of the series issued in 2019,” the statement read. The CBK further clarified, “All other banknotes currently in circulation remain legal tender and will continue to circulate alongside the released banknotes.”

RELATEDPOSTS

CBK holds benchmark rate at 8.75% for the second consecutive time

June 10, 2026

Kenya’s MPC faces its toughest call yet as inflation and growth pull in opposite directions

June 5, 2026

The bank also encouraged citizens to visit its website for detailed information on the new banknotes and their features.

Previous Post

Kenya rolls out guidelines to combat neonatal mortality

Next Post

Kenya to regulate buy-now-pay-later sector with new laws

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

Banking

Family Bank’s NSE Listing: A Long-Overdue Milestone for Kenya’s Capital Markets

June 12, 2026
Banking

CBK holds benchmark rate at 8.75% for the second consecutive time

June 10, 2026
Banking

Kenyans faces higher loan repayments as bankers push for CBR hike

June 5, 2026
Banking

Kenya’s Sh1,000 note tightens grip on cash economy as currency in circulation nears Sh400 billion

June 2, 2026
Analysis

Reading between the numbers in Q1’2026 banking financials

May 22, 2026
Banking

NCBA shareholders have until 10 July 2026 to accept Nedbank’s KSh 105 0ffer

May 4, 2026

LATEST STORIES

June 12, 2026

Where Fintech Companies Actually Make Their Real Profits: Beyond Payments and Transaction Fees

June 12, 2026

Why Revenue Growth in Fintech Can Be Misleading: The Hidden Economics Behind Digital Payments

June 12, 2026

Finance bill 2026: key tax reforms and economic impact in kenya

June 12, 2026

INVISIBLE TRANSACTIONS: THE FUTURE OF PAYMENTS

June 12, 2026

Kenya’s Growing Reliance on Domestic Borrowing: Opportunity or Crowding-Out Risk?

June 12, 2026

Family Bank’s NSE Listing: A Long-Overdue Milestone for Kenya’s Capital Markets

June 12, 2026

Kenya’s Small Banks Given Until 2032 to Meet Kshs 10 Billion Core Capital Requirement

June 12, 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
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024