How Australian money is set to change forever following the death of the Queen
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How Australian money is set to change forever – with the $5 note expected to feature King Charles and the monarch’s face on EVERY coin
- Australian coins are set to be updated to feature the portrait of King Charles
- The Queen’s death affects the five, ten, 20 and 50 cent plus $1 and $2 coins
- This marks the biggest change to coins since decimal currency debt in 1966
- Her Majesty had also featured on the $5 banknote since it replaced paper in 1992
- Australian coins changing portrait for first time since Queen’s 1953 Coronation
- Full coverage: Click here to see all our coverage of the Queen’s passing
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Australian coins and the $5 banknote are set to be updated to feature King Charles’ face following the death of the Queen at age 96.
The Royal Australian Mint in Canberra is simultaneously planning updates to all of its coins for the first time since the introduction of decimal currency in February 1966.
The changes will affect the five, ten, 20 and 50 cent coins, along with the $1 and $2 coins, plus the $5 banknote produced by the Reserve Bank of Australia’s polymer printing arm Securency in Melbourne.
Australian coins and the $5 banknote are set to be updated to feature King Charles following the death of the Queen at age 96 (pictured is a mocked-up version of the 20 cent coin)
The changes will affect the five, ten, 20 and 50 cent coins, along with the $1 (pictured) and $2 coins, plus the $5 banknote produced by the Reserve Bank of Australia’s polymer printing arm Securency in Melbourne
The late Queen Elizabeth had featured on the old pennies following her Coronation in June 1953.
The change to feature King Charles, 73, will mark the first change to Australian coins since the death of King George VI in February 1952.
The Queen has featured on Australia’s $5 polymer banknote since the paper denomination was replaced in 1992 and her portrait has graced subsequent banknotes since then, with the most recent change occurring in September 2016.
The Queen had featured on the one and two cents coins from February 1966 until they were taken out of circulation in February 1992.
The Queen has featured on Australia’s $5 polymer banknote since the paper denomination was replaced in 1992 and her portrait has graced subsequent banknotes since then, with the most recent change occurring in September 2016 (pictured is a mocked-up $5 note featuring King Charles)
The change to feature King Charles will mark the first change to Australian coins since the death of King George VI in February 1952
She has been on the $1 coin since it replaced a paper banknote in May 1984 and the $2 coin since it debuted in June 1988, also replacing a banknote.
Australia is one of 14 countries that had the Queen as its head of state for seven decades, which means currency designs will also be changed from New Zealand to Canada and Fiji.
Daily Mail Australia has contacted the Royal Australian Mint and the Reserve Bank of Australia.
The Queen’s late husband Prince Philip, the Duke of Edinburgh, opened the Royal Australian Mint in the Canberra suburb of Deakin in February 1965, a year before decimal currency replaced the Australian pound.
The then prime minister Sir Robert Menzies had wanted to call the new currency ‘royals’.
The Queen has featured on Australia’s $5 polymer banknote since the paper denomination was replaced in 1992 and her portrait has graced subsequent banknotes since then, with the most recent change occurring in September 2016