Bank of England unveils first notes featuring King Charles - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The Bank of England unveiled its first bank notes featuring King Charles on Tuesday, which will enter into circulation from the middle of 2024 to gradually replace those featuring his mother Queen Elizabeth.

The new five, 10, 20 and 50 pound polymer bank notes feature a portrait of Charles on the front, as well as a cameo of him in the bank notes’ see-through security window, but are otherwise unchanged from their current designs.

“This is a significant moment, as The King is only the second monarch to feature on our banknotes,” BoE Governor Andrew Bailey said in a statement. Queen Elizabeth first appeared on BoE bank notes in 1960, in contrast to British coins which have long featured images of the country’s rulers. Britain’s Royal Mint began issuing the first coins featuring Charles’s profile into general circulation on December 8.

The BoE does not intend to withdraw bank notes featuring Queen Elizabeth until they are worn out, so the two types of note will both be in circulation for some years.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Not too long he will also be replaced most likely by Camilla the queen witch 🧙‍♀️ herself

It's still fiat, backed by nothing, regardless of who's face is on it, Charles, Mandela, dead presidents, although they got our gold in the basement of London, the city...

Would hate to have that miserable face on my money 🙄

South Africa we still waiting for ya Ramaphosa

South Africa South Africa Latest News, South Africa South Africa Headlines