Catalog
5 Rupees
| Issuer | State Bank of Pakistan |
|---|---|
| Year | 2008-2010 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#53 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
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| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Muhammad Ali Jinnah's portrait, visible when held to light |
| Variants | P#53a - 2008 P#53b - 2009 P#53c - 2010 |
| Comments |
Pakistan's 5-rupee note was phased out of paper production shortly after this series, with a coin substitution policy that had been repeatedly delayed since the 1990s finally taking effect. The denomination had become deeply uneconomical to print — replacement cycles were short, and the low face value meant the per-unit cost of production represented a significant percentage of the note's worth.
The PSPC facility in Karachi has handled domestic security printing since 1964, reducing Pakistan's earlier dependence on Thomas De La Rue in London. P#53 is among the last paper issues for this denomination before it was formally demonetized in favor of coinage.