UK, 20/12: The design for the first set of bank notes to feature new monarch of Britain, King Charles III, was unveiled by the Bank of England here on Tuesday.
The 74-year-old monarch’s portrait will appear on the existing designs of all four polymer banknotes in the denominations of 5, 10, 20 and 50 pounds with no other changes to the existing designs of the notes that feature his late mother Queen Elizabeth II’s portrait.
The new notes with the King are expected to enter circulation by mid-2024 and the current notes featuring the Queen will continue to be in regular use in parallel.