Pakistan is moving toward a major currency upgrade as the State Bank of Pakistan (SBP) has officially finalized the design of new banknotes. The updated currency series is now sent to the federal cabinet for final approval, marking an important step toward improving security, durability, and modern identity of Pakistan’s financial system.
According to official updates, the redesigned notes will include denominations from Rs 10 to Rs 5,000 and are expected to be introduced gradually across the country.
Little Overview of Pakistan’s New Currency Notes 2026
The Governor of the State Bank, Jameel Ahmad, confirmed that all new banknote designs have been approved internally by the SBP Board. After cabinet clearance, printing will begin, and the new currency will slowly enter circulation nationwide.
The initiative aims to:
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Improve protection against counterfeit currency
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Introduce modern and attractive designs
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Highlight Pakistan’s cultural and environmental themes
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Test advanced polymer note technology
This upgrade is part of Pakistan’s long-term financial modernization strategy.
Main Features Introduced in the New Currency Series
The new banknote designs will bring several improvements compared to the existing notes.
Advanced Security Technology
The upcoming currency notes will follow international security standards. SBP is adding stronger security threads and improved anti-counterfeit features to reduce fake currency circulation.
Modern National Themes
The redesigned notes will highlight Pakistan’s:
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Historical landmarks
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Cultural heritage
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Natural landscapes
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Climate awareness themes
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Women’s contributions in development
Polymer Currency Testing
SBP is considering launching plastic polymer notes on an experimental basis. These notes are usually stronger, last longer, and are harder to counterfeit compared to traditional paper notes.
Clarification About Rs 5,000 Note – Is It Being Discontinued?
There were several rumors circulating regarding the discontinuation of the Rs 5,000 note. However, SBP Governor clearly confirmed:
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The Rs 5,000 note will continue to remain part of Pakistan’s currency system
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No decision has been made to remove this denomination
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The note will be redesigned instead of discontinued
This confirmation has removed uncertainty among businesses and the public.
Expected Launch Timeline of New Currency Notes
Although an exact release date is not officially announced, the printing process has reached an advanced stage. Sources indicate the rollout may begin later in 2026.
Estimated Currency Rollout Schedule
| Stage | Expected Progress |
|---|---|
| Design Completion | Already Completed |
| Federal Cabinet Approval | Pending |
| Printing Start | After Approval |
| Circulation Start | November – December 2026 (Expected) |
| Full Replacement | Gradual Process |
How the New Currency Will Be Introduced
The State Bank has decided to introduce the new banknotes in phases. This means:
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Old notes will remain valid and usable
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Both old and new currency will circulate together
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Replacement will happen gradually after enough new notes are printed
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Citizens do not need to exchange notes immediately
This step ensures financial stability and avoids public inconvenience.
Benefits of Pakistan’s New Banknote Series
The new currency initiative offers several advantages for both citizens and the national economy.
Stronger Financial Security
Modern technology will help reduce counterfeit currency cases.
Long-Lasting Notes
Polymer notes can last significantly longer than paper currency.
Better International Image
Modern designs improve Pakistan’s global financial reputation.
Public Awareness Themes
The new notes will promote environmental and social awareness.
Limitations and Challenges
While the project is beneficial, some challenges may arise.
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Printing and replacement will take time
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Government must manage printing costs
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Public awareness campaigns will be required
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Transition phase may create temporary confusion
Do Citizens Need to Apply or Register for New Currency?
There is no application or registration process required for citizens. The new banknotes will automatically enter circulation through banks and financial institutions once approved and printed.
Will old currency notes become invalid immediately?
No, old banknotes will continue to remain valid during the transition period.
When will Pakistan’s new currency notes start circulating?
The expected circulation may begin between November and December 2026, but final approval is still pending.
Is the Rs 5,000 note being banned in Pakistan?
No, the State Bank has confirmed that the Rs 5,000 note will remain part of the currency system.
What is special about polymer currency notes?
Polymer notes are stronger, more durable, and offer higher security compared to paper notes.
Will banks automatically provide new currency notes?
Yes, banks will distribute new notes gradually once they are officially launched.
Pakistan’s decision to redesign its currency reflects a strong move toward modern financial security and national representation. With improved technology, better durability, and updated themes, the upcoming banknote series will strengthen trust in Pakistan’s currency system. Citizens can continue using existing notes without worry while the country prepares for this historic currency transformation.
