The euro (€) is the official currency of the Eurozone, representing a significant part of Europe’s economy and daily life for millions. But what exactly are euros when we talk about physical currency? This article delves into the world of euro banknotes, exploring their different series, denominations, designs, and what makes them legal tender.
Exploring the Two Series of Euro Banknotes
Currently, two distinct series of euro banknotes are in circulation: the first series, introduced when the euro was launched, and the more recent “Europa” series. Both series are legal tender, meaning they can be used for payments and are accepted as a store of value across the Eurozone.
The “Europa” Series: Modernizing Euro Banknotes
The “Europa” series is the second and current series of euro banknotes. It is named after Europa, a figure from Greek mythology, whose portrait is featured in the watermark and hologram of each banknote. This series was introduced gradually, starting in 2013, with the aim of enhancing security features and improving the durability of the banknotes. Notably, the Europa series consists of six denominations, omitting the €500 banknote from the first series.
5 Euro Banknote “Europa” Series
- Color: Grey
- Size: 120 x 62 mm
- Architectural Period: Classical architecture, representing the ages of antiquity.
10 Euro Banknote “Europa” Series
- Color: Red
- Size: 127 x 67 mm
- Architectural Period: Romanesque architecture, symbolizing the Romanesque period.
20 Euro Banknote “Europa” Series
- Color: Blue
- Size: 133 x 72 mm
- Architectural Period: Gothic architecture, reflecting the Gothic era.
50 Euro Banknote “Europa” Series
- Color: Orange
- Size: 140 x 77 mm
- Architectural Period: Renaissance architecture, representing the Renaissance period.
100 Euro Banknote “Europa” Series
- Color: Green
- Size: 147 x 77 mm
- Architectural Period: Baroque and Rococo architecture, showcasing the Baroque and Rococo periods.
200 Euro Banknote “Europa” Series
- Color: Yellow
- Size: 153 x 77 mm
- Architectural Period: Iron and glass architecture, representing the age of iron and glass architecture.
The First Series: The Original Euro Banknotes
The first series of euro banknotes holds historical significance as the initial design of the currency. It comprises seven denominations, including the €500 banknote, which is no longer issued in the Europa series. While gradually being replaced by the Europa series, the first series banknotes remain legal tender.
5 Euro Banknote First Series
- Color: Grey
- Size: 120 x 62 mm
- Architectural Period: Classical architecture.
10 Euro Banknote First Series
- Color: Red
- Size: 127 x 67 mm
- Architectural Period: Romanesque architecture.
20 Euro Banknote First Series
- Color: Blue
- Size: 133 x 72 mm
- Architectural Period: Gothic architecture.
50 Euro Banknote First Series
- Color: Orange
- Size: 140 x 77 mm
- Architectural Period: Renaissance architecture.
100 Euro Banknote First Series
- Color: Green
- Size: 147 x 82 mm
- Architectural Period: Baroque and Rococo architecture.
200 Euro Banknote First Series
- Color: Yellow
- Size: 153 x 82 mm
- Architectural Period: Iron and glass architecture.
500 Euro Banknote First Series
- Color: Purple
- Size: 160 x 82 mm
- Architectural Period: Modern 20th-century architecture.
Legal Tender and the Future of Euros
It’s important to remember that all banknotes from the first series are still legal tender, even as they are gradually being replaced. This includes the €500 banknote, which ceased issuance in 2019. Being legal tender means these banknotes can be used for all transactions and retain their value.
Looking ahead, the Eurosystem is actively developing a new series of euro banknotes, with citizens involved in the design process. “European culture” and “Rivers and birds” have been selected as potential themes for these future banknotes, reflecting public preferences. The final designs and the timeline for production and issuance are expected to be decided in 2026, marking the next evolution in what euro banknotes will look like.
In conclusion, euros are more than just currency; their banknotes are a representation of European history, culture, and ongoing evolution. Understanding the different series and denominations provides a deeper appreciation for the physical form of the euro in our pockets and wallets.
