Unique Features of The Updated Ksh1,000 Banknotes Unveiled by CBK

The Central Bank of Kenya (CBK) has released new version of the Ksh1,000 banknotes, marking the first phase of an updated currency series. This development introduces some changes to the note while retaining most of its familiar features.

New Features on the Ksh1,000 Banknotes

The redesigned Ksh1,000 banknote showcases the following updates:

1. New Signatures: The note includes signatures from CBK Governor Dr. Kamau Thugge and National Treasury Principal Secretary Dr. Chris Kiptoo.
2. Year of Print: The note prominently displays the year 2024.
3. Advanced Security Thread: The new security thread exhibits dynamic, color-changing effects visible when the note is tilted.

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These updates are set to enhance the security and authenticity of Kenyan currency, aligning it with international standards.

CBK Rolls Out New Currency Series

CBK initially announced changes to Kenya’s currency on August 6, 2024. The release of the updated Ksh1,000 denomination marks the first step, with denominations of Ksh50, Ksh100, Ksh200, and Ksh500 set to follow.

“The release of KES50, KES100, KES200, and KES500 denominations is now in progress,” CBK confirmed in a recent statement.

The updated series will circulate alongside existing banknotes issued in 2019 and earlier, all of which remain legal tender.

Old Features Retained in the Updated Ksh1,000 Banknotes

Even though the new notes have enhanced security updates, CBK emphasized that the note retains most of its recognizable features like:

• Watermark Security: When held to light, the watermark displays a lion’s head, the text “CBK,” and the note’s value.
• UV Features: The golden band on the note reveals its value under ultraviolet light.
• Enhanced Security Thread: A continuous line visible on both sides of the note changes color when viewed at an angle.

Why Are Notes Being Updated?

Updating currency is vital to maintaining trust in a nation’s financial system. These measures aim to deter counterfeiting and ensure the currency’s integrity in everyday transactions.

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