The euro banknotes are a symbol of European integration and a tangible representation of the Eurosystem’s commitment to providing citizens with secure and trustworthy currency. Across the Eurozone, a diverse range of denominations ensures that cash remains a practical and efficient payment method for everyday transactions. Understanding the different euro denominations is crucial for residents, travelers, and businesses operating within the euro area.
Currently, there are seven different denominations of euro banknotes in circulation, each distinguished by its value, size, color, and design. These denominations range from €5 to €200, with the €500 banknote having been discontinued from issuance but remaining legal tender. Each note is designed with a unique architectural theme representing different periods of European history, along with enhanced security features to prevent counterfeiting.
The Europa series, the second series of euro banknotes, introduces an updated design and enhanced security features. The €100 and €200 banknotes were the last to be released in this series, entering circulation on May 28, 2019. These denominations, like the others in the Europa series, retain the familiar color scheme and architectural themes of the first series but incorporate a portrait of Europa, a figure from Greek mythology, in the watermark and hologram.
The €50 banknote from the Europa series was launched earlier, on April 4, 2017. This denomination also showcases the Europa image and advanced security elements, making it more resistant to counterfeiting. These security features are continuously being developed and refined by the Eurosystem to stay ahead of counterfeiters and maintain public trust in the euro.
While the €500 banknote is no longer issued by the European Central Bank (ECB), it remains legal tender within the euro area. The ECB Governing Council decided to stop issuing the €500 note, and national central banks (NCBs) ceased distribution in January 2019. However, existing €500 notes continue to circulate and can be used for payments and as a store of value.
It’s important to note that all euro banknotes, including the €500 note, will always retain their value. You can exchange them for other denominations at the national central banks of the Eurosystem indefinitely. This ensures that even though the €500 is no longer printed, its value is guaranteed.
The issuance of euro banknotes is managed by the Eurosystem, which includes the ECB and the national central banks of the euro area countries. This system ensures an adequate supply of high-quality cash throughout the Eurozone, which is essential for a well-functioning payment system and consumer confidence. The strict quality standards and robust security features of euro banknotes are paramount to maintaining public trust in the currency.
For those interested in delving deeper into the security aspects of euro banknotes, resources are available to explore the various features designed to prevent counterfeiting. These features are integrated into each denomination, making euro banknotes one of the most secure currencies in the world.
View information about euro banknotes.
Read more about banknote security features.
View information about the security features of euro banknotes.
