Pakistan set to introduce new currency note designs by mid-2025

A proposal to redesign Pakistan’s currency notes has been submitted to the Federal Cabinet for approval, signaling a major update in the nation’s paper currency. If the proposal is approved on time, the rollout of the new currency designs is expected to begin as early as June 2025.

Step-by-Step Rollout Planned

According to the State Bank of Pakistan (SBP) Governor, the transition to the new currency notes will be gradual. Not all denominations will be replaced at once. Instead, each note will be introduced in phases, helping to ensure a smooth transition and avoid confusion in the market.

However, the specific denominations to be updated first have not yet been disclosed.

New Security Features to Be Added

The redesigned notes will include enhanced security features to help combat counterfeiting and ensure better protection against fraud. These upgrades are a key reason behind the need for new printing technology.

Printing Delay Expected Due to Equipment Shortage

The printing of the new notes will be handled by Security Paper Limited (SPL), the company responsible for Pakistan’s currency production. However, SPL has stated that new printing machines are required to handle the redesigned notes.

As of now, these machines have not yet been purchased, which may delay the rollout of the new currency beyond June 2025.

What It Means for the Public

• No Immediate Replacement – Your current currency notes will remain valid during the phased transition.

• Enhanced Security – Expect high-tech security features to help identify genuine notes more easily.

• Modern Designs – The redesign may include changes in layout, colors, and possibly national symbols or historical figures.

Final Thoughts

The upcoming currency redesign marks a significant move by the government to modernize the financial system and enhance security. While there may be delays due to machinery procurement, the transition is a step forward for Pakistan’s banking and monetary infrastructure.

Stay tuned for updates as the rollout approaches.