King Charles III appears on new British banknotes.

By The Exchange Team

The first bank notes with King Charles III's face were revealed Tuesday by the Bank of England. From mid-2024, new notes will circulate.

The see-through security panel on the new £5, £10, £20, and £50 polymer notes features the king. They're identical to modern designs.

The King is only the second monarch to appear on British banknotes, according to Bank of England Governor Andrew Bailey.

Monarchs first appeared on banknotes in 1960. Coins have long featured sovereigns.

On December 8, the Royal Mint issued the first coins with the king's portrait.

In September, Charles succeeded his mother, Queen Elizabeth II. She died after 70 years on the throne.

The coins and banknotes bearing the late Queen Elizabeth II's portrait will remain legal tender in the United Kingdom.