There is currently around £80 billion of cash in circulation featuring Queen Elizabeth II's face in the UK.
Following Her Majesty's death, we can expect stamps, bank notes, coins and passports to change. Charles' image will soon feature on money, and there's another change we will soon see, too.
King Charles will face the opposite way to his late mother the Queen when his face replaces hers on coins and bank notes. This is due to a 17th-century tradition that the direction must alternate for each new monarch.
READ MORE: The day Queen Elizabeth II died as it unfolded
The Bank of England said it will issue a bank note and coin update after the mourning period concludes.
Governor Andrew Bailey said: "It was with profound sadness that I learned of the death of Her Majesty The Queen. On behalf of everyone at the Bank I would like to pass on my deepest condolences to the Royal Family. For most of us, she is the only head of state we have ever known, and will be remembered as an inspirational figure for our country and the Commonwealth.
"As the first monarch to feature on Bank of England banknotes, the Queen's iconic portraits are synonymous with some of the most important work we do. Current banknotes featuring the image of Her Majesty The Queen will continue to be legal tender. A further announcement regarding existing Bank of England banknotes will be made once the period of mourning has been observed."
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