CBK Governor Personally Takes New Currency Lessons to the Streets
Central Bank Governor Dr Patrick Njoroge took to the street to teach Kenyans about the security features of the new generation notes.
Njoroge, who was accompanied by KCB CEO Joshua Oigara, paid a visit to the residents of Kondele market.
The central bank governor took to social media to show the progress of the lessons as they photographed the governor holding up on of the new generation notes.
“As Frederick Aloo received the new generation banknotes in Kondele Market in Kisumu, he was curious about the features of the banknotes, and there was no one better at hand to explain these than Governor Njoroge P. Looking on is Joshua Oigara,” CBK wrote on Twitter.
The new currency notes have elicited concerns from all over the country especially after reports emerged about the possibility of counterfeit cash already in circulation.
Reports from other areas indicated that the residents were rejecting the new notes on the basis of unfamiliarity.
The notes were launched by President Uhuru Kenyatta and the CBK governor during the celebration of the 56th Madaraka day in Narok.
CBK went on to reveal the security features of the new currency. Below are some of the features that were highlighted.
If you run your fingers over the new notes, you should feel the part that is written Kenya and the value of the note i.e.1000, 500, 200, 100 and 50.
The notes also have edges on the bars. 1 bar, 2 bars, 3 bars, 4 bars and 5 bars signify Ksh50, Ksh100, Ksh200, Ksh500, Ksh1000 respectively.
If you hold up the note against the light, you'll see a lion's head, the text CBK and the value of the banknote.
You'll also see a security thread that appears as a continuous line.
If you tilt the banknote at an angle, the security thread changes colour from red to green on all banknotes.
The Ksh200, Ksh500 and Ksh1000 banknotes have additional rainbow colours on the thread.
The golden band on the back of the note shows its value.
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