Charles III to appear on banknotes and coins
The face of money in Britain and the Commonwealth countries will never be the same.
The recall and replacement of the 4.5 banknotes bearing the face of Queen Elizabeth II in the UK in favor of banknotes bearing King Charles would take about two years, according to the Guardian.
However, plans to reshape the pound are still under wraps, according to the Bank of England.
“The Queen will continue to be legal tender. A further announcement regarding existing Bank of England notes will be made once the mourning period has been observed,” it said in a statement on Thursday.
In Australia, coins probably showed Charles III. with his face turned to the left, the opposite of the coins featuring his late mother turning right, according to the Canberra Times.
The U-turn tradition, in which a new king looks in the opposite direction of his predecessor in terms of currency, reportedly began in 1660 under Charles II.
Coins featuring Elizabeth would reportedly be circulated Down Under alongside those of her son.
In Canada, $20 bills and coins would still feature the Queen until Prime Minister Justin Trudeau’s government decides to feature her successor, Bloomberg reported.