First pictures of King Charles III banknotes revealed

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First pictures of King Charles banknotes revealed​

BBC News
Tuesday 20th December 2022

Prototype image of King Charles on Bank of England banknote

The portrait of King Charles will appear twice on banknotes

By Kevin Peachey
Cost of living correspondent

The new look of banknotes featuring the image of King Charles has been unveiled by the Bank of England.

The portrait will be the only change to existing designs of £5, £10, £20 and £50 notes and will start to enter circulation from mid-2024.

New notes will feature the King's portrait on the front and in the see-through security window.

Existing notes will still be accepted in shops after the new notes begin to circulate.

Queen Elizabeth was the first and only monarch to appear on circulating Bank of England banknotes, starting in 1960.

Notes issued by Scottish and Northern Irish banks do not depict the monarch.

There are about 4.5 billion individual Bank of England notes worth about £80bn in circulation at present.

Prototype image of King Charles on £10 note

The King's cypher will also appear on the notes

The Bank of England said that, following guidance from the Royal household, the new notes would only be printed to replace worn notes or to meet increased demand, in order to minimise the environmental and financial impact of the change.

Bank of England governor Andrew Bailey said he was "proud" of a "significant moment" with the new design.

Fifty pence coins bearing the image of King Charles III have already entered circulation via post offices across the country.

An estimated 4.9 million of the new coins are being distributed to post offices - about half of the total number earmarked for circulation - to be given in change to customers.

The new King Charles 50p coin

The new King Charles 50p coins have already entered circulation

Coins carrying the image of the late Queen will still be accepted in shops, in the same way as banknotes.

For anyone taking part in a family Christmas quiz this year, it is worth remembering that, in ascending order, the reverse side of current polymer Bank of England banknotes feature Sir Winston Churchill, Jane Austen, JMW Turner and Alan Turing.

Cash use has become far less frequent when compared to debit cards, owing primarily to the use of contactless payments and then accelerated by the Covid pandemic. The buying power of specific coins and banknotes have also been diluted by rising prices.

However, there is still keen interest from consumers and collectors about the images used on cash.

Collectors will be particularly excited to get their hands on the lowest serial numbers of the new King Charles banknotes when they appear.

 

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Long live the King on new Canadian $20 bill
The new Canadian currency will gradually enter into circulation in late February 2027

Author of the article:Jane Stevenson
Published Sep 03, 2026 • Last updated 16 hours ago • 2 minute read
King Charles III $20 Canadian bill
King Charles III is featured on a new Canadian $20 bill that will enter circulation in February 2027. Photo by Bank of Canada

King Charles III has been immortalized on a new Canadian $20 bill that will gradually enter circulation beginning next February.


The Bank of Canada unveiled the new vertical bill featuring the King on Thursday in Ottawa with Governor General of Canada Louise Arbour and Secretary of State Wayne Long joining Bank of Canada Governor Tiff Macklem.

This is Canada’s first bank note to feature His Majesty’s portrait and the first time in more than 70 years that a new monarch has appeared on the $20 denomination.

“This new $20 bank note is striking, symbolic and secure,” Macklem said in a statement. “The note’s advanced and dynamic security features are combined with images that reflect Canada’s beauty and its history. I hope it evokes pride in Canada and confidence in its bank notes.”

King Charles currency
King Charles III is featured on a new Canadian $20 bill that will enter circulation in February 2027. Photo by Bank of Canada
His Majesty is featured on the bill surrounded by a flower and leaf tapestry inspired by the King’s love of the environment while provincial and territorial floral emblems representing the 13 provinces and territories appear on the front.


The back of the note retains the Canadian National Vimy Memorial in France as a tribute to Canada’s contributions and sacrifices in military conflicts throughout its history.

Back of new $20 Canadian bill
New $20 bill honours Canada’s Commonwealth roots
“The new $20 note reflects important parts of who we are as Canadians, honouring our Commonwealth roots and our ties with international allies,” Finance and National Revenue Minister François-Philippe Champagne said in a statement.

“It honours our constitutional traditions through the portrait of His Majesty King Charles III and recognizes the service and sacrifice of Canadians through the Vimy Memorial, a symbol that continues to resonate across generations.”

A circular window, visible from both sides of the note, features plants culturally significant to Indigenous Peoples in Canada and the Bank’s Indigenous Advisory Circle collaborated on creating the design.


This is the second bank note in the Vertical series following the $10 note that featured civil rights pioneer and businesswoman Viola Desmond.

The new $20 note has security features never before used on Canadian currency that are hard to counterfeit, including the purple security stripe that includes elements that spin, transform and pulse when the note is moved.

Features like these will help the Bank maintain its technical advantage over counterfeiters and enable Canadians to easily authenticate $20 bank notes, the denomination they use most often.

“The new $20 bank note tells a distinctly Canadian story — one shaped by our natural beauty, our rich history and the enduring partnerships we have built around the world,” Long said in a statement. “It is a symbol Canadians can carry with pride.”
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