New Era As CBK Unveils New Coins – Photos
The Central Bank of Kenya (CBK) has unveiled Kenya’s new generation coins that will start circulating this Tuesday.
The new currency, which was gazetted on Tuesday, contains features that make it accessible to visually impaired people.
The new generation coins, whose unveiling was presided over by President Uhuru Kenyatta in the capital Nairobi, will be available in denominations of Ksh1, Ksh5, Ksh10 and Ksh20.
And unlike the old coins that had portraits of former presidents Jomo Kenyatta and Daniel arap Moi, the new legal tender features Kenya’s wildlife, as follows:
- Ksh1: Bears the image of a giraffe
- Ksh5: Bears the image of a rhino
- Ksh10: Bears the image of a lion
- Ksh20: Bears the image of an elephant.
Ksh1 coins weighs 5.5g and are silver in colour while the Ksh5 coin weighs 3.75g with a diameter of 19.5mm.
The Ksh10 coin weighs five grammes, is 23mm in diameter with a yellow outer and silver inner.
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The new Ksh20 coin weighs nine grammes with a diameter of 26mm. It is silver on the outer side and yellow inside.
The unveiling of the new currency is in line with provisions of the 2010 Constitution that banned the use of presidential portraits on Kenyan currency.
The phase-out of the old-generation coins, CBK said, will be gradual, with the new currency coins will circulate alongside the existing ones.
Ksh1 coins weighs 5.5g and are silver in colour while the Sh5coin weighs 3.75g with a diameter of 19.5mm.
Copyright: Nation
