The monarch has sat on the throne for nearly two years
- Money featuring Queen Elizabeth II's portrait is still legal tender
- King Charles's portrait will feature on the new £5, £10, £20 and £50 notes
- Have your say: Are you excited to use the new banknotes? Just click the comment button above now
Don't Miss
Most Read
Trending on GB News
King Charles has been pictured for the first time since Easter Sunday, as the monarch was presented with landmark banknotes today.
The King, 75, was given the first bank notes featuring his portrait from the Bank of England today.
Governor Andrew Bailey and Sarah John, the Bank of England's Chief Cashier, arrived at Buckingham Palace to present the monarch with the new banknotes.
The new notes are set to enter circulation in the coming weeks.
King Charles meeting Governor Andrew Bailey and Sarah John, the Bank of England's Chief Cashier, today
PA
King Charles was last seen by the public on Easter Sunday, which also marked his first outdoors outing since his cancer diagnosis in February.
The monarch sat with Queen Camilla separately from the Royal Family inside St George's Chapel.
Today, Charles was presented with £5, £10, £20 and £50 notes - the first notes which feature the image of His Majesty.
The monarch remarked that they were "very well designed".
King Charles's portrait will feature on banknotes for the first time
PA
The new banknotes will enter circulation from June 5, the Bank of England announced in February.
It marks the first time the Bank of England has changed the image of the monarch on a banknote.
Charles's mother, the late Queen Elizabeth II, was the first monarch to appear on a Bank of England note in 1960.
Old notes featuring the late Queen Elizabeth II will remain legal tender and will co-circulate alongside the new ones.
The new banknotes will be rolled out gradually by the Bank of England
PA
Charles's portrait will appear on existing designs of all four banknotes, £5, £10, £20 and £50, with no other changes.
An announcement read: "The new banknotes will only be printed to replace those that are worn, and to meet any overall increase in demand for banknotes."
The Bank of England added the public will see the new King Charles notes very gradually.
LATEST ROYAL NEWS:
King Charles's portrait as seen on the new £10 note
PA
Its approach is in line with guidance from the Royal Household "to minimise the environmental and financial impact of this change".
The public will also be able to exchange a limited value of old notes for new King Charles ones, through the BoE.
The new banknotes will feature King Charles on one side, but the reverse side of the notes will remain unchanged.