Rosario Monachino
Queen Elizabeth II died aged 96, at her home in Balmoral, Scotland, and in the wake of her death, there have been many questions surrounding British currency, stamps and passports.
At the time of writing, coins and notes both feature the Queen’s face.
However, a new currency will be printed featuring King Charles III and it will be distributed across the country.
Watch Prime Minister Liz Truss address the nation regarding Queen Elizabeth’s death below…
The old notes will still be in use but will be eventually phased out of circulation.
A timeframe has not yet been given as to when the old currency will no longer have any value.
It’s not just the UK’s economy that has been affected by the Queen’s death.
Countries like Australia and New Zealand will need to change their currency, due to being part of the Commonwealth.
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However, Canada, a country that used to be part of the British Colony, will still keep Queen Elizabeth’s face on its currency.
Paul Badertscher, a spokesman for the Bank of Canada, told Fortune Magazine: “The current polymer $20 bank note is intended to circulate for years to come. There is no legislative requirement to change the design within a prescribed period when the Monarch changes.”
Along with the currency, stamps will also change from Queen Elizabeth’s face to King Charles’ face.
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There have also been worries about passports too.
Currently, the opening page of the passport currently reads: “Her Britannic Majesty’s Secretary of State requests and requires in the name of Her Majesty all those whom it may concern to allow the bearer to pass freely without let or hindrance and to afford the bearer such assistance and protection as may be necessary.”
Despite no official confirmation of what will happen to them, it is believed that passports will only be changed to ‘His Majesty’ once the current passports have expired.
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