Banknotes bearing the image of King Charles have begun to appear in British wallets. They will gradually replace the previous banknotes adorned with the face of his mother, Queen Elizabeth.
Charles' image will appear on the new £5, £10, £20 and £50 bills, as existing notes featuring his mother will continue to circulate.
"This approach is in line with guidance from the Royal Household, to minimize the environmental and financial impact of this change," the Bank of England said.
"This means the public will begin to see the new King Charles III notes very gradually."
Elizabeth was the first monarch to feature on British banknotes although coins in England have carried images of kings and queens for over 1,000 years.
"We're very pleased to be issuing the new King Charles banknotes. This is a historic moment, as it's the first time we've changed the sovereign on our notes," Bank of England Governor Andrew Bailey said on Wednesday.
Aside from the new monarch, the design of the banknotes is unchanged.
In recent years, consumers in the UK have favored electronic payments leading to a sharp fall in cash usage.
Cash usage fell from more than half of shop transactions in 2014 to just 15% by 2021. This was in large part believed to be due to the COVID-19 pandemic. In 2022, cash was used in around 19% of transactions.
Unlike Germany, many shops in the UK only accept card payments.
"We know that cash is important for many people, and we are committed to providing banknotes for as long as the public demand them. Bringing these new notes into circulation is a demonstration of that commitment," Bailey said.
10 surprising facts about King Charles III
Beyond the well-publicized aspects of his life, the new British monarch is the author of a children's book, plays the cello and is also a businessman with his own whisky brand.
Image: ZUMA/Keystone/IMAGO
A musical talent
King Charles III (here with brother Edward) started learning different instruments as a child, including the piano and the trumpet. He sang in the school choir and played the cello in the university orchestra during his time at Cambridge. He loved playing there, even though he was "rather bad," he said in a BBC podcast in 2021. Charles still became the patron of the Royal Philharmonic Orchestra.
Image: ZUMA/Keystone/IMAGO
A friend of the arts
In 2000, Charles hired an official harpist to the Prince of Wales. But the new king is not only a music fan; he also loves visual arts. He himself paints watercolors, like this Swiss ski resort, created in 1993. The works have been exhibited at Windsor Castle and the Royal Academy, and are available for purchase. The sales proceeds go to charities.
Image: Stefan Rousseau/dpa/picture alliance
The storyteller
Music: check! The arts: check! And King Charles has also demonstrated that he's a man of words too. As a young heir to the throne, he used to make up stories to tell to his younger brothers Edward and Andrew. This resulted in the children's book "The Old Man of Lochnagar," published in 1980, which is about a man who lives in a cave near the royal estate.
The new king is a car enthusiast. In order to keep that passion compatible with his climate protection work, he had his fleet of high-horsepower vehicles converted: His Aston Martin runs on ethanol derived from alcoholic gases emitted during the production of wine and cheese fermentation, while other cars use biodiesel made from old frying oil. He also has electric cars.
Image: Andy Buchanan/AFP/Getty Images
A huge carbon footprint
Despite calling for a sustainable future, the royal's carbon footprint remains hefty. Charles never travels on the same plane as his son William, to avoid losing two heirs to the throne at once should their plane crash. In 2013, the environmental prince faced criticism for having his own-brand bottled water shipped to the Middle East to fund his charities, where it was sold in luxury supermarkets.
Image: Omar Torres/AFP/Getty Images
Shortbread and whisky
In 1990, Charles founded the organic label Duchy Originals (now called Waitrose Duchy Organic), which, in addition to the royal mineral water, also offers herbal medicines, shortbread, as well as tea and porcelain. Charles is also involved in the whisky brand Barrogill — a robust blended malt, with a herbal and medium-sweet note. Part of the proceeds supports projects in Scotland.
Image: Avalon/Photoshot/picture alliance
Royal rumors
It was often rumored that King Charles gets seven eggs boiled for him every day, from which he can then choose the one with the best egg yolk consistency — a story that has been denied several times by the royal house. Charles is rather seen as a recycler who hates it when groceries are thrown away.
Image: Avalon/Photoshot/picture alliance
Stylish tea time
It belongs to British culture just as much as the rain: Tea time is a fixed ritual in the new king's daily routine. According to various reports, at 4 p.m. sharp, Charles treats himself to a cup of tea, preferably Darjeeling with honey and milk, along with a snack, since he is said to skip lunch.
Image: Matt Cardy/Photoshot/picture alliance
A descendant of Dracula
The German bloodline of the British nobility is well known, but a genealogical tree in The British Chronicles also connects the new British king to Vlad III, commonly known as Vlad the Impaler or Vlad Dracula. The despot from the 15th century served as a model for Bram Stoker's vampire saga "Dracula." Incidentally, Charles was also offered the title "Prince of Transylvania" by Romania in 2017.
Image: Fine Art Images/Heritage Images/picture alliance
A frog's name in his honour
His list of his honorary titles is long. Charles was appointed chief in Vanuatu in the South Pacific, honorary chief "Red Crow" in Alberta, Canada, and "Helper of the Cows" by the Maasai tribe in Tanzania. Charles was particularly pleased when he was honored for his commitment to the rainforest in 2012 and a rare frog in Ecuador was named after him on this occasion: the Hyloscirtus princecharlesi.