The image of Queen Elizabeth on UK, Canada, Australia, and New Zealand banknotes will be replaced with Prince Charles’.
Prince Charles became King of England after the death of his mother because he was heir to the kingdom since childhood.
As the first monarch to feature on Bank of England banknotes, the Queen’s iconic portraits are synonymous with some of the most important work we do,” the statement read. “Current banknotes featuring the image of Her Majesty The Queen will continue to be legal tender.”- Adertisement -
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After the period of mourning, an announcement will be made about existing Bank of England banknotes.
According to rumours, King Charles III’s portrait will replace Queen Elizabeth II’s on currency after his ascension.
In the UK, all cash notes and coins depict the face of the Queen- but following her death, new coins and cash will be created with the face of the King. Plans have been in place for this for a long time and the new cash will be produced and distributed into general circulation with the old money gradually being phased out”.