Canada’s $20 bill and its coins feature Queen Elizabeth II’s likeness. No law requires the country to update the money for King Charles III.

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Canada's currency has been more closely correlated with movement in equity markets in recent weeks rather than traditional drivers, such as the price of oil, one of Canada's major exports.

Although Queen Elizabeth II is on the Canadian $20 bill and its coins, there isn’t a law that requires the country to update its currency for King Charles III.