英镑汇率制度变革（英国女王头像货币即将被替换）

英国女王头像货币即将被替换BillionsofbanknotesandcoinsaroundtheworldfeaturingtheportraitofQueenElizabethIIaresettobereplacedfol。

Billions of banknotes and coins around the world featuring the portrait of Queen Elizabeth II are set to be replaced following her death.

1. banknote 钞票；纸币
2. feature 以…为特色；以…为主要组成
3. portrait 肖像
4. be set to do 准备/即将…

For almost 70 years, the Queen's image has appeared on the United Kingdom's coins, with different portraits of her profile as she aged. She was featured on the nation's banknotes for more than 60 years, the first British monarch to do so. Her portrait also features on the currency of several countries that were formerly under British rule.

1. profile 轮廓；面部的侧影；形象；外形
2. monarch [ˈmɒnək] 君；王
3. the first to do so 第一个这样做的人
4. currency 货币

Since 1953, one year after the Queen took the throne, UK coins have borne five different versions of her portrait. She appeared on the country's banknotes starting in 1960.

1. throne [θrəʊn] 王位；宝座 take the throne 登基
2. borne （bear过去分词）有…
3. version 版本

But now, the Bank of England, which prints the country's banknotes, and the Royal Mint, which makes its coins, face the sizeable task of withdrawing that currency from circulation and replacing it with money bearing the portrait of King Charles III.

1. mint 造币厂
2. sizeable 体积相当大的
3. withdraw from 从…撤出
4. circulation 流通；循环
5. replace with 用…取代

There are more than 4.7 million banknotes in circulation in the UK, worth a collective £82 billion ($95 billion), according to the central bank. There are also around 29 billion coins circulating, the Royal Mint said.

1. worth…money 值…钱
2. collective 总的

The new money is likely to be introduced gradually, and coexist as legal tender with the old notes and coins for a period of time.

1. be likely to 有可能
2. introduce 推出
3. coexist with 和…共存
4. legal tender 法定货币

A similar phase-in happened in 2017, when the Royal Mint began issuing a new 12-sided £1 coin. The new coin circulated at the same time as the old round-shaped £1 for six months before the latter lost its status as legal tender.

1. phase-in 逐步采用；分阶段引入 （phase out 逐步淘汰）
2. 12-sided 有12个面的
3. at the same time as 和…同时
4. round-shaped 圆形的
5. the latter 后者 （the former 前者）

But it's not just cash that will require a makeover. The UK faces a mammoth operation to change the royal insignia on thousands of post boxes and newly issued passports.

1. makeover 改造；翻新
2. mammoth [ˈmæməθ] 猛犸象；庞然大物
3. insignia [ɪnˈsɪɡniə] 标志
4. newly issued 新发的