British currency banknotes began to "change their heads" and new and old monarchs will be in parallel for many years

The Royal Mint and the Central Bank announced on the 26th that coins and banknotes printed with the portraits of the new King Charles III will begin to circulate, and gradually replace the currency of the obtained portrait of the late queen Elizabeth II. This process may take several years.

Annie Jesopp, the CEO of the Royal Mint, said: "The first batch of coins printed with the portrait of His Majesty Charles III will enter the circulation field according to the requirements of the bank and the post office." According to her, coins printed with the portrait of the new king will be The coin with portraits of Elizabeth II "will be in parallel in the UK within many years in the future."

The Royal Mint estimates that there will be about 27 billion coins printed with Elizabeth II in the British market, which takes time to completely replace.

This is some pounds shot by a family in Manchester, England on March 18. Xinhua News Agency (Photo by Jon Huxione)

Bank of England, the Bank of England, announced on the same day that paper banknotes printed with portraits of Charles III are expected to enter the circulation field in mid -2024. The Royal Postal Corporation also plans to update the ordinary stamp pattern issued by it, stamps printed with portrait of Charles III will start circulating after the stamp inventory of the portrait of Elizabeth II.

All existing currencies and stamps printed with the portraits of Elizabeth II can continue to be used.

Elizabeth II died on the 8th of this month in Barllerburg, Scotland, at the age of 96. She inherited the throne in 1952 and reigned for 70 years. She was the longest monarch in British history. According to the United States Cable Television News Network, since Elizabeth II crowned in 1953, 5 versions of the Queen Portrait appeared on the British coins. British banknotes have used her portrait since 1960.

Source: Xinhua News Agency

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