The first series comprises seven different denominations: €5, €10, €20, €50, €100, €200 and €500. The second, also known as the Europa series, consists of six denominations, as we decided to stop the issuance of €500 banknotes. Denominations, design and security features Anti-counterfeiting There are three primary methods travelers can safely and securely exchange their cash for USD for Euros, Pesos, or British pounds before boarding their flight. These include: FDIC banks and credit unions; Foreign currency exchanges; Travel money cards [1] Banks and Credit Unions. Most banks and credit unions can do the currency conversion for Around 460,000 fake euro bills were taken out of circulation last year, an 18-percent drop on 2019. European Central Bank experts use machines to check the thickness of euro bills. By comparison, there are currently 27 billion genuine euro notes out there. The safety of euro banknotes has contributed to the "strong trust" eurozone citizens have The ECB intends to issue a new series of euro banknotes and expects a final decision to be made in 2024 on the design and technical choices for each of the denominations in the future series. Why a change of series? There is a permanent struggle between the public authorities in charge of issuing banknotes and counterfeiters. For this reason, the change of the series of banknotes in But I think the banks might change the big notes for smaller ones. Mind you: in the small towns and small shops they won't be happy if you have to pay let's say 3-4 euros and want to do so using a € 50,- note. They'll run out of change too quickly. So it's always handy to have 5,- / 10,- and 20,- notes. . Denmark has decided to ban 500-euro notes in an attempt to fight money laundering in the country. The decision was made despite a request by the European Central Bank ( ECB) not to ban the note Issued by the European Central Bank, there are currently two sets of Euro notes in circulation. The First Issue, introduced in 2002, and the Second Issue, introduced from 2013. Old Euro banknotes remain valid and legal tender, with the exception of 500 euro notes. We exchange all Euro banknotes free of charge. We also give cash for Euro coins. The large, violet bills are the most valuable Euro notes and also physically bigger than the others. A statement issued by the ECB said the note would no longer be issued from 2018, when €200 Are 500 euro notes worth more? In 11 of the 12 euro-zone countries, the 500 euro note will be worth more than the biggest domestic bill. In Greece, the note will be worth 17 times more than the country’s 10,000 drachma and it is nearly seven times more than the UK £50. Is 500 euro note still valid? 500 Euro banknotes are taken out of circulation 12 December 2019 at 8:26PM. If you go to a bank in Italy or Spain etc. remember to take your passport, otherwise you'll probably be unable to exchange your notes for smaller denominations. I had that experience in Italy a few years back - withdrew 100 Euro from a bank ATM and was dispensed 2 x 50 Euro notes.

can i use 500 euro note in europe