President Uhuru Kenyatta has originated new generation banknotes with new innovations that are expected to succeed the current ones in circulation.

Kenyans now have up to October 1, 2019, to replace the current KS 1,000 notes when the new ones are expected to take over fully.

Speaking through Madaraka Day celebrations that were held in Narok Stadium on Saturday, June 1 in Narok county, Central Bank Governor Patrick Njoroge announced the new banknotes include each of the big five animals including the buffalo, rhinoceros, elephant, lion, and leopard.

The new Kenyan notes, just like the new coins, will serve as means of passing information, conserving culture and promoting the country’s uniqueness to the world.

“The new banknotes bear the features that make them more accessible to visually impaired members of our society. In the coming days CBK will roll out an awareness campaign to educate the public on the features of the new banknotes,” said Njoroge.

Patrick Njoroge said all the banknotes contain the image of Kenyatta International Conference Centre KICC, an iconic landmark in Kenya.

He further disclosed the current new notes would be circulated beside those previously issued but not withdrawn.

The CBK boss moreover noted the large notes, particularly the old ones, were being used for illicit financial flows across the country and in other nations across the region.

“To deal with these concerns conclusively, all the older one thousand shillings will be withdrawn. All persons have until October 1, 2019, to exchange those notes, after which the older one thousand shillings notes will cease to be legal tenders,” he said.
Uhuru unveils new currency notes, says old KS 1000 notes to be obsolete from October

Uhuru unveils new currency notes, says old KS 1000 notes to be obsolete from October

The new banknotes came a month scarcely after the president launched new generation coins in accordance with Constitution 2010.

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