[REVISION HISTORY]

King Charles III currency introduction

Updated 3 times since CLSTR started tracking revisions of this situation.

What changed

2026-09-04 11:29 UTC → 2026-09-05 11:21 UTC · added ~~removed~~

New currency featuring King Charles III is being introduced in the United Kingdom and Canada. In the United Kingdom, more than seven million 10p coins bearing the King’s portrait have entered circulation to meet increased demand for the denomination. These coins feature a capercaillie bird on the reverse side as part of a collection inspired by British flora and fauna. In Canada, the Bank of Canada has unveiled a new vertical $20 banknote featuring the King. This marks the first time a new monarch has appeared on a Canadian $20 bill in over 70 years, replacing the image of the late Queen Elizabeth II. The design incorporates a floral and leafy tapestry inspired by the King’s environmental advocacy, alongside provincial and territorial floral emblems. A circular window features plants culturally significant to Indigenous Peoples, developed in collaboration with the Bank’s Indigenous Advisory Circle. The reverse side depicts the Canadian National Vimy Memorial in France. Governor Tiff Macklem described the note as ‘striking, symbolic and secure,’ highlighting advanced security features designed to combat counterfeiting. These include a purple security stripe and a unique 3D-effect security strip that shifts when moved, featuring elements like spinning poppy petals and changing maple leaves. The design process cost approximately $6 million, with each note costing an additional $0.05 to print due to enhanced security measures. The new currency is expected to enter circulation gradually starting in late February 2027.

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