The federal government has decided to redesign all currency notes ranging from Rs 10 to Rs 5,000 and is also planning to introduce a plastic polymer note alongside traditional paper currency, according to local media reports.
A key aspect of the decision is that no existing denomination will be discontinued. Instead, all currency notes will be reissued with fresh designs and enhanced security features.
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Officials in the Ministry of Finance said the redesigned notes are expected to be introduced within the current year.
Pakistan currently has approximately Rs 10,260 billion in currency circulating nationwide. To manage the transition smoothly, the government will provide banks with a clear timeline for exchanging existing notes with the newly designed currency.
READ: Will State Bank release newly designed currency notes this Eid-ul-Fitr 2026?
Local media reported that approval from the Federal Cabinet will be sought in the near future to formally launch the new currency series.
Under the plan, one denomination will be issued as a plastic polymer note, while the remaining denominations will continue to be printed on paper.
The polymer note, made from a special plastic material, will be tested for durability. If it proves to last longer than paper currency, its use may be expanded in the future.
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Officials said the new notes will incorporate modern designs and advanced security features aimed at improving durability and reducing counterfeiting.
The government plans to roll out all redesigned currency notes within the year, ensuring a smooth transition without disrupting cash circulation or everyday transactions.
How to identify fake currency notes
The citizens are warned against the fake currency notes circulating in the market, here is how to identify Fake notes of 5000, and 1000.
