The British may continue to use banknotes with the image of Queen Elizabeth II, as new banknotes gradually replace the old ones.
Production of new banknotes with the image of King Charles III has begun in the UK. This was reported yesterday by Euronews.
It was mentioned that the portrait of the monarch will be displayed on all four polymer banknotes in denominations of 5, 10, 20 and 50 pounds. The design of the remaining banknotes will remain unchanged.
According to the Bank of England, the new banknotes are expected to enter circulation in mid-2024. At the same time, the British can continue to use banknotes with the image of Queen Elizabeth II, as the new banknotes will be phased out will replace the ones that are worn out.
Recall that in early December, the first coins with the image of the new monarch were put into circulation in the UK.
Charles III is the son of Elizabeth II, who took the throne after her death. He was proclaimed King of Great Britain on 10 September. His coronation will take place on May 6. 2 thousand people are invited.
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Source: korrespondent
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