Uhuru unveils new currency notes, says old KSh 1000 notes to be obsolete from October ▷ Kenya News

- The new bank notes will circulate alongside the old ones

- However, the old KSh 1000 note will be withdrawn from circulation as from October

- The new notes bear important aspect of the country which will serve as means of passing knowledge

- They all have image of the iconic Jomo Kenyatta International Conference Centre

President Uhuru Kenyatta has launched new generation banknotes with new features that are expected to replace the current ones in circulation.

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

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President Uhuru Kenyatta as he received some of the new currency notes from Central Bank Governor Patrick Njoroge.
Source: Original

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

The new notes, just like the new coins, will serve as means of passing knowledge, 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.

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The new two hundred shillings note has the theme of social services on it.
Source: Original

Njoroge said all the bank notes contain the image of Kenyatta International Conference Centre, an iconic landmark in Kenya.

He also disclosed the current new notes will be circulated alongside those previously issued but not withdrawn.

The new fifty shillings note has the green energy theme on it.
Source: Original

The CBK boss further noted the large notes, especially 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"To deal with these concerns conclusively, all the older one thousand shillings will be withdrawn.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.

The new KSh 500 note has a lion on it and the theme of tourism while the one thousand note has an elephant and the theme of governance.
Source: Original

The Ksh 100 shillings note has the leopard on it with the theme of agriculture.
Source: Original

The new banknotes came barely month after the president launched new generation coins in accordance to Constitution 2010.

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Source: Tuko.co.ke