Britain unveiled the first banknotes with the portrait of Charles II
The Bank of England unveiled a new design of banknotes with the image of King Charles III.
It is reported by the BBC.
The portrait will be the only change in the existing design of banknotes with the face value of 5, 10, 20, and 50 pounds sterling, which will be put into circulation in the middle of 2024.
Existing banknotes with the portrait of Elizabeth II will continue to be accepted in stores after the introduction of the new bills.
Queen Elizabeth II has been the only monarch to appear on Bank of England banknotes since 1960. The monarch is not depicted on banknotes issued by Scottish and Northern Irish banks.
The Bank of England said that, at the direction of the Royal Family, new banknotes would be printed only to replace worn-out ones or to meet increased demand.
Author - Olena Madiak, 20/12/2022
