The State Bank of Pakistan (SBP) has officially announced that newly designed currency notes will begin circulating in 2025. This exciting development marks a significant step in modernizing Pakistan’s currency system.
New Currency Notes Pakistan 2025 Rollout
During a press conference, SBP Governor Jameel Ahmed confirmed that the new currency notes will be introduced gradually rather than all at once. The rollout will cover all existing denominations, and the updated designs aim to enhance security features and align with international standards.
Although the exact timeline and details about which denomination will be issued first remain undisclosed, the SBP Governor highlighted that the finalized designs would be sent to the federal cabinet for approval after completing the technical evaluation.
Why Introduce New Currency Notes in Pakistan?
According to the SBP, central banks worldwide typically launch new banknote series every 15 to 20 years to maintain the integrity of their currency and incorporate the latest design and security technologies. The new currency notes in Pakistan 2025 will follow this global practice.
SBP Currency Note Design Competition Winners
In 2024, the SBP had already revealed potential designs for the new notes, which were shortlisted through a public art competition. Winners included notable names like Dr. Shery Abidi, Haroon Khan, and Memoona Afzal, among others. The shortlisted designs were then shared with international designers for further refinement.
New Currency Notes Pakistan 2025 Price and Designs
While the SBP has not disclosed the exact price of producing the new currency notes in Pakistan 2025, the shortlisted designs suggest a modernized look and enhanced security features. The aim is to ensure these notes are durable, secure, and aesthetically appealing.
The selected designs have undergone rigorous evaluation by a committee of experts. These designs are not final yet but represent a significant step in reimagining Pakistan’s currency.
The new currency notes Pakistan 2025 price in Pakistan and additional details about the rollout process will likely be announced after the federal cabinet’s approval. For now, the citizens eagerly await the final designs and the phased introduction of these notes, which will undoubtedly bring a fresh perspective to Pakistan’s monetary system.
Stay tuned for more updates on the new currency notes Pakistan 2025 as the State Bank progresses with its plans.