The Euro Currency is visually represented by its banknotes, which are tangible symbols of European integration and commerce. Currently, there are two distinct series of euro banknotes that are considered legal tender across the Eurozone. These series, while both valid, represent different stages in the evolution of the euro currency’s physical form. Let’s delve into understanding these banknotes.
The Current Series: Europa and First Series Euro Banknotes
Presently, the euro currency banknotes in circulation belong to either the “Europa series” or the “first series”. It’s important to recognize that both series are legal tender, meaning they can be used for all transactions and hold their value.
Europa Series: The Modern Euro Banknote
The Europa series is the newer and more advanced series of euro banknotes. It comprises six denominations, ranging from €5 up to €200. Notably, the €500 banknote is not included in the Europa series, as its issuance was discontinued in 2019, although first series €500 notes remain legal tender. The Europa series banknotes incorporate enhanced security features to combat counterfeiting and are designed to be more durable.
€5 Euro Banknote: Europa Series
- Color: Grey
- Size: 120 x 62 mm
- Architectural Period Depicted: Classical architecture
€10 Euro Banknote: Europa Series
- Color: Red
- Size: 127 x 67 mm
- Architectural Period Depicted: Romanesque architecture
€20 Euro Banknote: Europa Series
- Color: Blue
- Size: 133 x 72 mm
- Architectural Period Depicted: Gothic architecture
€50 Euro Banknote: Europa Series
- Color: Orange
- Size: 140 x 77 mm
- Architectural Period Depicted: Renaissance architecture
€100 Euro Banknote: Europa Series
- Color: Green
- Size: 147 x 77 mm
- Architectural Period Depicted: Baroque and Rococo architecture
€200 Euro Banknote: Europa Series
- Color: Yellow
- Size: 153 x 77 mm
- Architectural Period Depicted: Iron and glass architecture
First Series: The Original Euro Banknotes
The first series of euro banknotes was the original set introduced when the euro currency was launched. It included seven denominations, adding the €500 banknote to the range present in the Europa series. While gradually being replaced by the Europa series, the first series banknotes are still valid and widely accepted.
€5 Euro Banknote: First Series
- Color: Grey
- Size: 120 x 62 mm
- Architectural Period Depicted: Classical architecture
€10 Euro Banknote: First Series
- Color: Red
- Size: 127 x 67 mm
- Architectural Period Depicted: Romanesque architecture
€20 Euro Banknote: First Series
- Color: Blue
- Size: 133 x 72 mm
- Architectural Period Depicted: Gothic architecture
€50 Euro Banknote: First Series
- Color: Orange
- Size: 140 x 77 mm
- Architectural Period Depicted: Renaissance architecture
€100 Euro Banknote: First Series
- Color: Green
- Size: 147 x 82 mm
- Architectural Period Depicted: Baroque and Rococo architecture
€200 Euro Banknote: First Series
- Color: Yellow
- Size: 153 x 82 mm
- Architectural Period Depicted: Iron and glass architecture
€500 Euro Banknote: First Series
- Color: Purple
- Size: 160 x 82 mm
- Architectural Period Depicted: Modern 20th-century architecture
Legal Tender and the Transition to the Europa Series
While the Europa series is gradually replacing the first series, all banknotes from both series remain legal tender across the Eurozone. This includes the €500 banknote from the first series, even though its issuance was stopped in 2019. Being legal tender means these banknotes can be used for payments and are recognized as a store of value. The European Central Bank (ECB) is overseeing this transition to ensure a smooth and secure currency system.
The Future of Euro Banknotes: New Designs on the Horizon
Looking ahead, the Eurosystem is actively developing a new series of euro banknotes. This process involves public consultation, highlighting the importance of citizen input in shaping the future appearance of the euro currency.
The Governing Council of the ECB has shortlisted “European culture” and “Rivers and birds” as potential themes for these future banknotes, based on public preferences gathered in 2023. A final decision on the designs and the timeline for production and issuance is expected in 2026. This initiative reflects a commitment to keeping the euro currency relevant and engaging for all Europeans.
For more detailed information on the future direction of euro banknotes, you can visit the ECB website: ECB: Future banknotes
