Pakistani 75 Rupee Commemoration Notes

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The Pakistani 75-rupee banknotes are commemorative denominations of the Pakistani rupee .

Contents

Pakistani 75 Rupee Indepence Commemoration Note
Rupee
75 Rupees Independence Commemoration Note.png
ISO 4217
CodePKR (numeric:586)
Subunit 0.01
Demographics
User(s)Pakistan

The first note was introduced in late 2022, shortly after Independence Day, to mark 75 years of Pakistan’s independence.

The second note followed nearly a year later in July 2023, celebrating the 75th anniversary of the State Bank of Pakistan.

Pakistan's 75th independence commemoration note

Obverse of 75 Rupees "Independence Commemoration" Note photographed by Syed Hadi Ali featuring Muhammad Ali Jinnah, Fatima Jinnah, Muhammad Iqbal and Syed Ahmad Khan. This is a later note signed by State Bank of Pakistan's governor Jameel Ahmed instead of former governor Murtaza Baqir 75 Rupees Independence Commemoration Note.png
Obverse of 75 Rupees "Independence Commemoration" Note photographed by Syed Hadi Ali featuring Muhammad Ali Jinnah, Fatima Jinnah, Muhammad Iqbal and Syed Ahmad Khan. This is a later note signed by State Bank of Pakistan's governor Jameel Ahmed instead of former governor Murtaza Baqir

The 75-rupee Independence commemorative banknote was introduced by the State Bank of Pakistan on August 14, 2022, to commemorate 75 years of Pakistan's independence. [1] [2] [3] [4] [5] [6] This release marked the second commemorative banknote issued by the State Bank of Pakistan, following the golden jubilee banknote issued in 1997 to celebrate 50 years of independence. [1] [7] [8]

Design

Obverse

The note features a green and white design and prominently displays portraits of Pakistan’s key historical figures: Muhammad Ali Jinnah, Fatima Jinnah, Allama Muhammad Iqbal, and Syed Ahmad Khan on the front. These images symbolize the determination and sacrifices of these iconic personalities in the struggle for Pakistan’s independence. [1] [9] [6] [4] [6] [5]

Reverse

On the back, there's a scene with Deodar (Cedrus Deodara) trees and the national animal, the Markhor. Created by Sara Khan, this design highlights Pakistan's commitment to protecting its natural environment. [1] [9] [6] [5]

Security features

The Rs75 commemorative note is equipped with security features as with the other currency notes. These include the Urdu numeral '75' which appears complete when the note is held in the light, Pure Image security thread with pulsing holographic rainbow effect and micro-lettering of 'SBP' and '75', among others.

Moreover, the portraits and numbers on the note have raised printing, allowing identification of the banknote by the visually impaired. [1] [9] [6] [6] [5]

FeatureDetails
Denomination75 Pakistani Rupees
Issuing AuthorityState Bank of Pakistan
Issue DateAugust 14, 2022
Commemoration75th Anniversary of Pakistan's Independence
ObverseImages of founding figures: Quaid-e-Azam Muhammad Ali Jinnah, Allama Iqbal, Sir Syed Ahmed Khan, and Fatima Jinnah
ReverseScenic view of K-2 mountain and Deodar trees symbolizing the natural beauty of Pakistan
Primary ColorsDominant green and white, reflecting the national flag colors
Dimensions147 mm x 65 mm
Security FeaturesMicro text, security threads, watermarks, and tactile features for visually impaired

State Bank of Pakistan anniversary commemorative note

Obverse of the 75 rupee State Bank of Pakistan's 75th Anniversary Commemoration. Note photographed by Syed Hadi Ali featuring Muhammad Ali Jinnah along with the State Bank of Pakistan HQ building. SBP 75th Anniversary Comemmoration NoteNote.png
Obverse of the 75 rupee State Bank of Pakistan's 75th Anniversary Commemoration. Note photographed by Syed Hadi Ali featuring Muhammad Ali Jinnah along with the State Bank of Pakistan HQ building.

On July 4, 2023, State Bank of Pakistan Governor Jameel Ahmad introduced another commemorative Rs.75 banknote to celebrate the central bank's 75th anniversary. [10] [11] [3]

Design

Obverse

The predominantly blue banknote, chosen to convey the stability of a central bank, features a stylized sketch of the state bank building by Syed Sadequain Ahmed Naqvi. This sketch appears alongside the traditional portrait of Quaid-e-Azam on the front. [10]

Reverse

The back of the banknote reflects the state bank's commitment to "banking on equality," featuring a portrait of Fatima Jinnah. It also underscores Pakistan's dedication to combating climate change, showcasing sustainable energy sources like wind turbines and solar panels. [10]

FeatureDetails
Denomination75 Pakistani Rupees
Issuing AuthorityState Bank of Pakistan
Issue DateSeptember 30, 2023
Commemoration75th Anniversary of the State Bank of Pakistan
ObversePortraits of Quaid-e-Azam Muhammad Ali Jinnah and the state bank's headquarters building in Karachi
ReverseFeaturing a portrait of Fatima Jinnah, the banknote highlights Pakistan's commitment to climate action with images of sustainable energy sources, including wind turbines and solar panels.
Primary ColorsBlue and White
Dimensions147 mm x 65 mm
Security FeaturesSecurity thread, watermark of Quaid-e-Azam, microprinting, and tactile elements for accessibility
Unique AspectFirst PKR 75 note commemorating the institution itself, reflecting the state bank's role in Pakistan's financial journey

During Eid al-Fitr, shopkeepers across Pakistan refused to accept the 75-rupee notes, sparking rumors of their potential demonetization. In response, State Bank of Pakistan spokesperson Abid Qamar addressed the issue in a video posted on the central bank’s official Twitter account. He reassured the public that the 75-rupee commemorative note remains fully valid for transactions and clarified that all currency is issued under Section 25 of the State Bank of Pakistan Act, with no expiration date for the note. Qamar also dismissed claims that the government had withdrawn or discontinued the banknote. [12] [13] [14] [15]

The commemorative note, issued in 2022 for Pakistan’s 75th independence anniversary, features portraits of Quaid-e-Azam Muhammad Ali Jinnah, Fatima Jinnah, Allama Iqbal, and Sir Syed Ahmad Khan. This selection generated some debate, with critics noting the omission of figures such as Pakistan’s first Prime Minister, Liaquat Ali Khan, and Zulfiqar Ali Bhutto, which they viewed as significant. [10]

Supply

The State Bank of Pakistan's finance director, Qadar Baksh, explained that the Rs. 75 banknote, a legal tender, will not impact the overall money supply. Of the 4.3 billion notes being circulated in 2023, only 65 million will be the Rs. 75 denomination, making it a limited, one-time release. [10]

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References

  1. 1 2 3 4 5 "SBP unveils commemorative Rs75 banknote to mark Pakistan's diamond jubilee". The News International. Archived from the original on 2023-05-20. Retrieved 2023-05-20.
  2. ↑ "Commemorative Banknotes". State Bank of Pakistan.
  3. 1 2 Mudassar, Usama (2023-10-19). "State Bank of Pakistan Issues Commemorative 75 Rupees Notes in Celebration of the Country's Independence - Read.pk" . Retrieved 2024-12-13.
  4. 1 2 "SBP unveils design of Rs75 banknote on 75th anniversary of country's independence". The Nation. 2022-08-14. Retrieved 2024-12-13.
  5. 1 2 3 4 "Pakistan 75 Rupees – New Commemorative Banknote". Banknote World. 2022-10-15. Retrieved 2024-12-13.
  6. 1 2 3 4 5 6 "State Bank of Pakistan Officially Unveils Rs. 75 Commemorative Note - Economy.pk". 2022-08-14. Retrieved 2024-12-13.
  7. ↑ "State Bank Officially Unveils Rs. 75 Commemorative Note". Propakistani. 14 August 2022.
  8. ↑ "SBP reveals Rs75 commemorative banknote". Express Tribune. 14 August 2022.
  9. 1 2 3 Reporter, The Newspaper's Staff (August 15, 2022). "Rs75 commemorative banknote marks nation's pledge to tackle climate change". dawn.com. Archived from the original on May 20, 2023. Retrieved May 20, 2023.
  10. 1 2 3 4 5 Alam, Kazim (2023-07-05). "New note marks 75 years of SBP's founding". dawn.com. Retrieved 2024-11-09.
  11. ↑ State Bank of Pakistan (2023-07-04). Rs.75 Banknote to mark 75 years of SBP's founding . Retrieved 2024-12-13– via YouTube.
  12. ↑ "The Rs. 75 Bank Note is Still Fully Legal: State Bank". Propakistani. 29 April 2023.
  13. ↑ "Rs75 note like other currency notes is acceptable: SBP". 2023-04-28. Retrieved 2024-11-08.
  14. ↑ "'Rs75 commemorative banknote has no expiry date,' clarifies SBP". www.thenews.com.pk. Retrieved 2024-12-13.
  15. ↑ Shahnawaz, Faisal (2023-04-28). "State Bank clarifies Rs75 banknote is not being withdrawn". Pkrevenue.com. Retrieved 2024-12-13.
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