The Bank of Uganda has confirmed that trading of old Kenya Shilling Bank Notes has ceased to trade on all Ugandan counters with immediate effect.
Industry Markets

Bank of Uganda confirms discontinuing of Kenya Shilling Bank Notes trade

EABW EditorComment(0)

The Bank of Uganda has confirmed that trading of old Kenya Shilling Bank Notes has ceased to trade on all Ugandan counters with immediate effect.

This is a result of the issuance of new Kenya Shillings Bank Notes by the Central Bank of Kenya effective May 31 2019.

The Old KES1000. This Bank note will cease to be legal tender on October 1, 2019.
The Old KES1000. This Banknote will cease to be legal tender on October 1, 2019.

“The new series of Banknotes include; KES50, KES100, KES200, KES500 and KES1000. By a gazette notice dated 31 May 2019, the current KES1000 currency note will cease to be legal tender by October 1, 2019.

“The conversion of the old Kenya Shilling Bank notes to the new Kenya Shilling Banknote as issued by the Central Bank of Kenya shall only be possible in the Republic of Kenya,” said Emmanuel Tumusiime Mutebile Governor Bank of Uganda.

He advised the general public in Uganda to take note of the changes and be vigilant when transacting in the Kenyan currency.

EABW Editor
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