LONDON (AP) — Queen Elizabeth II has been depicted on British banknotes and coins for decades. Her portrait also has been featured on currencies in dozens of other places around the world, in a reminder of the British empire’s colonial reach.
So what happens next after her death? It will take time for the United Kingdom, Canada, Australia, New Zealand and other countries to swap out the monarchs on their money.
Here’s a look at what is next for the paper cash featuring the late queen:
SWITCHING MONARCHS
The queen’s portrait on British notes and coins is expected to be replaced by a likeness of the new King Charles III, but it won’t be immediate.
“Current banknotes featuring the image of Her Majesty The Queen will continue to be legal tender,” the Bank of England said. An announcement on existing paper money issued by the U.K.’s central bank will be made after the official 10-day mourning period has ended, it said.
The Royal Mint, which is the official maker of British coins, said all coins with her portrait “remain legal tender and in circulation,” with more information to come later.
“As we respect this period of respectful mourning, we continue to strike coins as usual,” the Royal Mint said on its website.
With 4.7 billion U.K. banknotes worth 82 billion pounds ($95 billion) in circulation and about 29 billion coins, British money bearing the queen’s image will likely be in circulation for years.
“Rather than all of the current coins and notes being handed in, the process will be a gradual one and many of the coins featuring portraits of Queen Elizabeth II will remain in circulation for many years to come,” according to Coin Expert, a British coin research website.
After Charles takes the crown at his coronation, a new portrait will need to be taken to use on redesigned notes and coins, the website said.
Coins featuring him will show him facing to the left, replacing the queen’s rightward gaze in line with tradition dating to the 17th century. It dictates monarchs be shown in profile and in opposite direction to their predecessors.
WHAT ABOUT OTHER COUNTRIES?
Other nations’ currencies that feature the queen — from Australian, Canadian and Belizean dollars — also will be updated with the new monarch, but the process could take longer, because “it is much easier to enforce a new design in the country where it originates, rather than in other countries where different jurisdiction may take place,” the Coin Expert website said.
The Bank of Canada said its current $20 banknote, made of synthetic polymer, is designed “to circulate for years to come.”
“There is no legislative requirement to change the design within a prescribed period when the Monarch changes,” the Bank of Canada said.

Mark Baker
Fiji $10 and $20 bills bills are pictured in Sydney, Saturday, Sept. 10, 2022. As the United Kingdom's reigning monarch, Queen Elizabeth II was depicted on British bank notes and coins for decades. It's less well known that her portrait was featured on currencies in dozens of other places around the world, in a reminder of the British empire's colonial reach. (AP Photo/Mark Baker)
In general, when a new portrait subject is chosen for Canadian money, the process begins with drawing up a fresh design, and a new note is ready to be issued “a few years later,” the bank said.
The Reserve Bank of New Zealand said it will issue all of its stock of coins depicting the queen before new ones go out with Charles’ image. The queen also is featured on the $20 bill, which is made “infrequently” and there is no “plan to destroy stock or shorten the life of existing banknotes just because they show the Queen,” the bank said.
“It will be several years before we need to introduce coins featuring King Charles the Third, and longer until stocks of $20 notes are exhausted,” it added.
THE QUEEN’S CURRENCY
She first appeared on money when she was still a princess. That was in 1935, when Canada’s $20 bill featured 8-year-old Princess Elizabeth, whose grandfather King George V was then the monarch, as part of a new series of notes.
Canadian $20 bills were updated with a new portrait of the queen in 1954, a year after her coronation, and her portrait also started appearing on other currencies around the world, mainly British colonies and Commonwealth countries.
British bills didn’t get her image until 1960 — seven years after her coronation. That’s when the Bank of England was granted permission to use her likeness on paper money, starting with the 1-pound note, though the formal and regal image was criticized for being too severe and unrealistic.
She became the first monarch to be depicted on British banknotes. British coins, meanwhile, have featured kings and queens for more than 1,000 years.

Mark Baker
Australian $5 notes are pictured in Sydney, Saturday, Sept. 10, 2022. As the United Kingdom's reigning monarch, Queen Elizabeth II was depicted on British bank notes and coins for decades. It's less well known that her portrait was featured on currencies in dozens of other places around the world, in a reminder of the British empire's colonial reach. (AP Photo/Mark Baker)
CURRENCIES OUTSIDE THE U.K.
At one time, Queen Elizabeth II appeared on at least 33 different currencies, more than any other monarch, an achievement noted by Guinness World Records.
Her image is still featured on money in places where she remains a beloved figure, such as Canada, and continue to incorporate the Union Jack into their flags, like Australia and New Zealand.
She’s also found on notes and coins issued by the Eastern Caribbean Central Bank, the monetary authority for a group of small nations including Antigua and Barbuda, Dominica, Grenada, Montserrat, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines.
Other places have long stopped putting her face on their currency. After Jamaica gained independence from Britain in 1962, its central bank replaced the queen on paper notes with portraits of national heroes such as Marcus Garvey.
Notes in the Seychelles now feature local wildlife instead of the queen. Bermuda did a similar revamp, though the queen retains a minor position on bills. Trinidad and Tobago swapped in a coat of arms after it became a republic.
Hong Kong dollars issued after Britain handed its colony back to Beijing in 1997 feature Chinese dragons and skyscrapers on the Asian financial center’s skyline.
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What’s next as UK mourns, King Charles III starts reign
Frank Augstein
A man holds a newspaper with a front page of Queen Elizabeth II as he stands outside the gates of Windsor Castle in Windsor, England, Friday, Sept. 9, 2022. Queen Elizabeth II, Britain's longest-reigning monarch and a rock of stability across much of a turbulent century, died Thursday after 70 years on the throne. She was 96. (AP Photo/Frank Augstein)
Frank Augstein
A man holds a newspaper with a front page of Queen Elizabeth II as he stands outside the gates of Windsor Castle in Windsor, England, Friday, Sept. 9, 2022. Queen Elizabeth II, Britain's longest-reigning monarch and a rock of stability across much of a turbulent century, died Thursday after 70 years on the throne. She was 96. (AP Photo/Frank Augstein)
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What’s next as UK mourns, King Charles III starts reign
Mark Baker
The Sydney Opera House is illuminated with a portrait of Queen Elizabeth II in Sydney, Australia, Friday, Sept. 9, 2022. Queen Elizabeth II, Britain's longest-reigning monarch and a rock of stability in a turbulent era for her country and the world, died Thursday, Sept. 8 after 70 years on the throne. She was 96. (AP Photo/Mark Baker)
Mark Baker
The Sydney Opera House is illuminated with a portrait of Queen Elizabeth II in Sydney, Australia, Friday, Sept. 9, 2022. Queen Elizabeth II, Britain's longest-reigning monarch and a rock of stability in a turbulent era for her country and the world, died Thursday, Sept. 8 after 70 years on the throne. She was 96. (AP Photo/Mark Baker)
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What’s next as UK mourns, King Charles III starts reign
Ben Birchall
People look at a tribute to Queen Elizabeth II on Queen Street following Thursday's death of Queen Elizabeth II, in Cardiff, Wales, Friday Sept. 9, 2022. Queen Elizabeth II, Britain's longest-reigning monarch and a rock of stability across much of a turbulent century, died Thursday at the age of 96 after 70 years on the throne. (Ben Birchall/PA via AP)
Ben Birchall
People look at a tribute to Queen Elizabeth II on Queen Street following Thursday's death of Queen Elizabeth II, in Cardiff, Wales, Friday Sept. 9, 2022. Queen Elizabeth II, Britain's longest-reigning monarch and a rock of stability across much of a turbulent century, died Thursday at the age of 96 after 70 years on the throne. (Ben Birchall/PA via AP)
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What’s next as UK mourns, King Charles III starts reign
Bruna Prado
The Christ the Redeemer statue is illuminated in red, blue and white, the colors of the flag of The United Kingdom, as a tribute to Queen Elizabeth II on her passing, in Rio de Janeiro, Brazil, Thursday, Sept. 8, 2022. (AP Photo/Bruna Prado)
Bruna Prado
The Christ the Redeemer statue is illuminated in red, blue and white, the colors of the flag of The United Kingdom, as a tribute to Queen Elizabeth II on her passing, in Rio de Janeiro, Brazil, Thursday, Sept. 8, 2022. (AP Photo/Bruna Prado)
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What’s next as UK mourns, King Charles III starts reign
Kirsty Wigglesworth
Raindrops are seen on a photograph left at the gates of Buckingham Palace by a mourner in London, Friday, Sept. 9, 2022. Queen Elizabeth II, Britain's longest-reigning monarch and a rock of stability across much of a turbulent century, died Thursday Sept. 8, 2022, after 70 years on the throne. She was 96. (AP Photo/Kirsty Wigglesworth)
Kirsty Wigglesworth
Raindrops are seen on a photograph left at the gates of Buckingham Palace by a mourner in London, Friday, Sept. 9, 2022. Queen Elizabeth II, Britain's longest-reigning monarch and a rock of stability across much of a turbulent century, died Thursday Sept. 8, 2022, after 70 years on the throne. She was 96. (AP Photo/Kirsty Wigglesworth)
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What’s next as UK mourns, King Charles III starts reign
Frank Augstein
A woman helps a small girl to lay down a flower outside the gates of Windsor Castle in Windsor, England, Friday, Sept. 9, 2022. (AP Photo/Frank Augstein)
Frank Augstein
A woman helps a small girl to lay down a flower outside the gates of Windsor Castle in Windsor, England, Friday, Sept. 9, 2022. (AP Photo/Frank Augstein)
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What’s next as UK mourns, King Charles III starts reign
Jon Super
Newspapers devoted to the death of Queen Elizabeth II are seen in Manchester, England, Friday, Sept. 9, 2022. Queen Elizabeth II, Britain's longest-reigning monarch, died on Thursday Sept. 8 aged 96. (AP Photo/Jon Super)
Jon Super
Newspapers devoted to the death of Queen Elizabeth II are seen in Manchester, England, Friday, Sept. 9, 2022. Queen Elizabeth II, Britain's longest-reigning monarch, died on Thursday Sept. 8 aged 96. (AP Photo/Jon Super)
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What’s next as UK mourns, King Charles III starts reign
Frank Augstein
A woman carries a floral tribute to Queen Elizabeth II, as she makes the Long Walk outside the gates of Windsor Castle in Windsor, England, Friday, Sept. 9, 2022. (AP Photo/Frank Augstein)
Frank Augstein
A woman carries a floral tribute to Queen Elizabeth II, as she makes the Long Walk outside the gates of Windsor Castle in Windsor, England, Friday, Sept. 9, 2022. (AP Photo/Frank Augstein)
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What’s next as UK mourns, King Charles III starts reign
Mahmoud Illean
Images of the Union flag and Israeli flag are projected on the walls of Jerusalem's Old City, after the death of Queen Elizabeth II, in Jerusalem, Thursday, Sept. 8, 2022. AP Photo/Mahmoud Illean)
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Images of the Union flag and Israeli flag are projected on the walls of Jerusalem's Old City, after the death of Queen Elizabeth II, in Jerusalem, Thursday, Sept. 8, 2022. AP Photo/Mahmoud Illean)
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What’s next as UK mourns, King Charles III starts reign
Susan Walsh
President Joe Biden signs a condolence book at the British Embassy in Washington, Thursday, Sept. 8, 2022, for Queen Elizabeth II. First lady Jill Biden, second from right, and British ambassador Karen Pierce, second from left, look on. (AP Photo/Susan Walsh)
Susan Walsh
President Joe Biden signs a condolence book at the British Embassy in Washington, Thursday, Sept. 8, 2022, for Queen Elizabeth II. First lady Jill Biden, second from right, and British ambassador Karen Pierce, second from left, look on. (AP Photo/Susan Walsh)
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What’s next as UK mourns, King Charles III starts reign
Matt Slocum
Philadelphia Phillies' players stand before a baseball game against the Miami Marlins for a tribute to Queen Elizabeth II, Britain's longest-reigning monarch who died after 70 years on the throne, Thursday, Sept. 8, 2022, in Philadelphia. (AP Photo/Matt Slocum)
Matt Slocum
Philadelphia Phillies' players stand before a baseball game against the Miami Marlins for a tribute to Queen Elizabeth II, Britain's longest-reigning monarch who died after 70 years on the throne, Thursday, Sept. 8, 2022, in Philadelphia. (AP Photo/Matt Slocum)
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What’s next as UK mourns, King Charles III starts reign
Jacquelyn Martin
The American flag flies at half-staff over the U.S. Capitol, Thursday, Sept. 8, 2022, on Capitol Hill in Washington, after Queen Elizabeth II died. (AP Photo/Jacquelyn Martin)
Jacquelyn Martin
The American flag flies at half-staff over the U.S. Capitol, Thursday, Sept. 8, 2022, on Capitol Hill in Washington, after Queen Elizabeth II died. (AP Photo/Jacquelyn Martin)
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What’s next as UK mourns, King Charles III starts reign
Mark Baker
A man reacts after placing flowers outside Government House following the passing of Queen Elizabeth II in Sydney, Australia, Friday, Sept. 9, 2022. (AP Photo/Mark Baker)
Mark Baker
A man reacts after placing flowers outside Government House following the passing of Queen Elizabeth II in Sydney, Australia, Friday, Sept. 9, 2022. (AP Photo/Mark Baker)
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What’s next as UK mourns, King Charles III starts reign
Jae C. Hong
Nathan Wilson hugs his girlfriend, Kristina Ojdanic, while talking about the passing of Queen Elizabeth II at Ye Olde King's Head British restaurant in Santa Monica, Calif., Thursday, Sept. 8, 2022. (AP Photo/Jae C. Hong)
Jae C. Hong
Nathan Wilson hugs his girlfriend, Kristina Ojdanic, while talking about the passing of Queen Elizabeth II at Ye Olde King's Head British restaurant in Santa Monica, Calif., Thursday, Sept. 8, 2022. (AP Photo/Jae C. Hong)
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What’s next as UK mourns, King Charles III starts reign
Manu Fernandez
A newspaper's front page displays the news of the death of Britain's Queen Elizabeth II, in Madrid, Spain, Friday 9, 2022. (AP Photo/Manu Fernandez)
Manu Fernandez
A newspaper's front page displays the news of the death of Britain's Queen Elizabeth II, in Madrid, Spain, Friday 9, 2022. (AP Photo/Manu Fernandez)
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What’s next as UK mourns, King Charles III starts reign
Efrem Lukatsky
Former Ukrainian Prime Minister Yulia Tymoshenko lays flowers in remembrance of Queen Elizabeth II, at the British Embassy, in Kyiv, Ukraine, Friday, Sept. 9, 2022. (AP Photo/Efrem Lukatsky)
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Former Ukrainian Prime Minister Yulia Tymoshenko lays flowers in remembrance of Queen Elizabeth II, at the British Embassy, in Kyiv, Ukraine, Friday, Sept. 9, 2022. (AP Photo/Efrem Lukatsky)
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What’s next as UK mourns, King Charles III starts reign
John Locher
Crown & Anchor British Pub manager June LeMay puts flowers in water beside a cardboard cutout of Queen Elizabeth II following her death, Thursday, Sept. 8, 2022, in Las Vegas. (AP Photo/John Locher)
John Locher
Crown & Anchor British Pub manager June LeMay puts flowers in water beside a cardboard cutout of Queen Elizabeth II following her death, Thursday, Sept. 8, 2022, in Las Vegas. (AP Photo/John Locher)
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What’s next as UK mourns, King Charles III starts reign
Eugene Hoshiko
Security guards move condolence flowers to another position outside the British Embassy following the death of Queen Elizabeth II, Friday, Sept. 9, 2022, in Tokyo. (AP Photo/Eugene Hoshiko)
Eugene Hoshiko
Security guards move condolence flowers to another position outside the British Embassy following the death of Queen Elizabeth II, Friday, Sept. 9, 2022, in Tokyo. (AP Photo/Eugene Hoshiko)
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What’s next as UK mourns, King Charles III starts reign
Alberto Pezzali
People gather in front of Buckingham Palace, after the announcement of the death of Queen Elizabeth II, in London, Thursday, Sept. 8, 2022. (AP Photo/Alberto Pezzali)
Alberto Pezzali
People gather in front of Buckingham Palace, after the announcement of the death of Queen Elizabeth II, in London, Thursday, Sept. 8, 2022. (AP Photo/Alberto Pezzali)
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What’s next as UK mourns, King Charles III starts reign
Kirsty Wigglesworth
Messages, flowers and candles are seen at the gates of Buckingham Palace in London, Friday, Sept. 9, 2022. (AP Photo/Kirsty Wigglesworth)
Kirsty Wigglesworth
Messages, flowers and candles are seen at the gates of Buckingham Palace in London, Friday, Sept. 9, 2022. (AP Photo/Kirsty Wigglesworth)
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What’s next as UK mourns, King Charles III starts reign
Yuki Iwamura
A photo of Britain's longest-serving monarch Queen Elizabeth II is displayed on the Nasdaq billboard in Times Square, Thursday, Sept. 8, 2022, in New York. (AP Photo/Yuki Iwamura)
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A photo of Britain's longest-serving monarch Queen Elizabeth II is displayed on the Nasdaq billboard in Times Square, Thursday, Sept. 8, 2022, in New York. (AP Photo/Yuki Iwamura)
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What’s next as UK mourns, King Charles III starts reign
Frank Augstein
A soft toy in the shape of a horse is amidst floral tributes to Queen Elizabeth II outside the gates of Windsor Castle in Windsor, England, Friday, Sept. 9, 2022. (AP Photo/Frank Augstein)
Frank Augstein
A soft toy in the shape of a horse is amidst floral tributes to Queen Elizabeth II outside the gates of Windsor Castle in Windsor, England, Friday, Sept. 9, 2022. (AP Photo/Frank Augstein)
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What’s next as UK mourns, King Charles III starts reign
Christophe Ena
People gather outside Buckingham Palace in London, Friday, Sept. 9, 2022, after the death of Britain's Queen Elizabeth II was announced. (AP Photo/Christophe Ena)
Christophe Ena
People gather outside Buckingham Palace in London, Friday, Sept. 9, 2022, after the death of Britain's Queen Elizabeth II was announced. (AP Photo/Christophe Ena)
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What’s next as UK mourns, King Charles III starts reign
Kirsty Wigglesworth
A picture of Queen Elizabeth sits on a bus stop in London, Friday, Sept. 9, 2022. (AP Photo/Kirsty Wigglesworth)
Kirsty Wigglesworth
A picture of Queen Elizabeth sits on a bus stop in London, Friday, Sept. 9, 2022. (AP Photo/Kirsty Wigglesworth)
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What’s next as UK mourns, King Charles III starts reign
Brian Inganga
A vendor reads a newspaper showing coverage of the death of Queen Elizabeth II, in downtown Nairobi, Kenya on Friday, Sept. 9, 2022. (AP Photo/Brian Inganga)
Brian Inganga
A vendor reads a newspaper showing coverage of the death of Queen Elizabeth II, in downtown Nairobi, Kenya on Friday, Sept. 9, 2022. (AP Photo/Brian Inganga)