The State Bank of Pakistan has announced the results of its new currency note design competition.
According to the bank, 10 designs from 9 different designers have been shortlisted, and those selected will receive prizes. The shortlisted designs were chosen after a careful review by a committee of experts, and each design carries symbolic significance.
The State Bank stated that these shortlisted designs will be sent to foreign designers for feedback. Based on their input, the final designs of the currency notes will be approved.
Foreign designers will have the freedom to create the final designs using their expertise, with the shortlisted designs serving as a reference or guide.
The shortlisted designs include one design each for the Rs 20, Rs 50, Rs 100, and Rs 1,000 notes, and two designs each for the Rs 10, Rs 500, and Rs 5,000 notes.
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Women won the competition to design the new currency notes
In the recent competition, 5 of the top 10 winning banknote designs were created by women. Out of the 10 successful designs, 6 were also designed by women.
The top banknotes in the State Bank Art Competition, including the 10, 100, 500, 1000, and 5000 rupee notes, were all designed by women. In contrast, the 20 and 50 rupee notes were designed by men.
The runner-up for the Rs 500 note was designed by a female artist, while the runner-up designs for the Rs 10 and Rs 5000 notes were created by male artists.
The winning designs were selected by a committee of experts based on their cultural significance and innovative qualities. These designs will be reviewed by international experts who will use them as inspiration for the new State Bank series, though they will have the freedom to create their own designs.
