Pakistan Set to Introduce Newly Designed Currency Notes with Enhanced Security Features
The State Bank of Pakistan (SBP) is advancing a major initiative to modernize the country’s banknotes with fresh designs and upgraded security features. This initiative, part of an ongoing currency reform process, aims to strengthen Pakistan’s monetary system against counterfeiting and align popular currency designs with contemporary international standards.
What’s Happening Now?
According to recent official updates:
Design Finalization: The SBP has finalized the designs for the new banknotes, which feature modern security elements to reduce counterfeit risk and improve overall durability. These designs have been reviewed by the SBP Board and are now with the federal cabinet for formal approval.
Security Focus: Enhanced security features will be a critical part of the new family of notes, aimed squarely at curbing the production and circulation of fake currency — a long-standing challenge for Pakistan’s financial system.
Printing Preparation: The SBP governor has stated that the printing process is at an advanced stage and will begin as soon as the cabinet green-lights the final designs. Two to three denominations may be printed simultaneously in the initial phase.
Which Denominations Are Affected?
Based on the latest federal cabinet briefing and government approvals:
New designs are expected for the Rs100, Rs500, Rs1,000 and Rs5,000 banknotes.
The government’s decision to include these particular denominations reflects their usage prevalence and the areas where counterfeiting threats are most significant.
When Will the New Notes Be Released?
While the designs have been finalized and printing preparations are underway:
The SBP has clarified that the new currency notes will not be available immediately — they are unlikely to be in circulation before important cultural and festive dates like Eid, since official cabinet approval and minimum printing stocks must be achieved first.
Once printing begins, new notes will enter circulation in phases, with older notes gradually replaced over time, ensuring sufficient supply before recalling the existing series.
Why the Change?
The redesign initiative aligns with global best practices where central banks periodically update currency:
To integrate advanced security features like enhanced security threads, watermark enhancements, micro-patterns, and other anti-counterfeiting technologies.
To reflect Pakistan’s cultural diversity and national identity, including themes such as historical landmarks, regional representation, and societal contributions.