Australia replaces portrait of Queen on five-dollar bill

Updated on 2/2/2023 at 9:21 am

• In the future, Australia will replace the portrait of the Queen on the five-dollar bills – but not by one of Charles.
• Instead, the history of the indigenous people is honored on the banknotes.
• After the death of the Queen, there was renewed discussion about the monarchy in Australia.

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The portrait of the deceased Queen Elizabeth II on the Australian $5 banknote will be replaced with a design that honors Aboriginal culture and history. This was announced by the Australian central bank on Thursday. King Charles III will not adorn the banknotes of the Commonwealth state with it.

“This decision by the Central Bank Board of Governors follows consultations with the Australian Government, which supports the change,” it said. The bank wants to consult with representatives of the indigenous population for the future design of the banknote. Other notes and coins Down Under already feature famous Aboriginal figures and artwork.

Also read: The future of the Commonwealth: In which countries it is now rattling

Notes with the Queen’s portrait remain valid

According to the central bank, however, it will still be a few years before the new notes come into circulation. Until then, the five-dollar bills with the Queen’s face will continue to be printed. They will continue to be valid afterwards.

The portrait of the monarch has been printed on banknotes since 1992. The death of the Queen in September last year had reignited the discussion about the monarchy in Australia. King Charles is the new head of state of the fifth continent. (dpa/dh)