State Bank of Pakistan (SBP) Unveils Potential Designs for New Currency Notes

State Bank of Pakistan Unveils Potential Designs for New Currency Notes

State Bank of Pakistan Unveils Potential Designs for New Currency Notes The State Bank of Pakistan (SBP) has announced the shortlisted potential designs for the new currency notes across various denominations, following an art competition aimed at engaging citizens in the design process. The competition drew significant participation from local artists and designers, showcasing Pakistan’s creative talent.

Winners of the Art Competition

The competition saw several talented artists being recognized for their exceptional work. Below are the winners for each currency denomination:

• Rs 10 Note:
  • 1st Prize: Shery Abidi
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    • 2nd Prize: Mirza Sufiyan
• Rs 20 Note:
• 
  
  • 1st Prize: Haroon Khan
• Rs 50 Note:
• 
  • 1st Prize: Syed Fawad Hussain
• Rs 100 Note:
• 
  • 1st Prize: Memoona Afzal
• Rs 500 Note:
  • 1st Prize: Hadiya Hassan
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  • 2nd Prize: Aynee Zahra
• Rs 1000 Note:
•  1st Prize: Noureen Aslam

• Rs 5000 Note:
  • 1st Prize: Memoona Afzal
  • 2nd Prize: Karim Muhammad

Collaboration with International Designers

The SBP emphasized that while the designs were shortlisted by a panel of esteemed experts, the final designs will be created in collaboration with international designers. These global experts will use the local submissions as inspiration while integrating their own creativity and design expertise to finalize the new banknote series.

Cultural Heritage and Vision

In its official statement, the SBP noted that the new banknotes will reflect Pakistan’s rich cultural heritage and its progressive future. The final designs are expected to be a collaborative representation of both local and international artistry.

The winners of the competition will be awarded prize money, as per the earlier announcement, to appreciate their contributions to this important national project.

Conclusion of the Competition

The SBP expressed its gratitude to all participants, noting the significant effort put into the competition and recognizing the creativity and talent of local artists. The central bank hopes the final banknotes will embody the collaborative effort and stand as a symbol of Pakistan’s vibrant cultural legacy.

For further details and updates, the SBP urged the public to stay tuned as the designs undergo finalization.