Euro Note Series There are two series of banknotes. The first series was issued in 2002 and comprises seven denominations: €5, €10, €20, €50, €100, €200 and €500. The second series, or Europa series, consists of six denominations and was completed with the issuance of the €100 and €200 on 28 May 2019.

Is 500 euro still valid?

After the issuance stop, the €500 banknote will remain legal tender and can therefore continue to be used as a means of payment and store of value. Commercial parties (such as banks, cash-in-transit companies, bureaux de change etc.) are allowed to recirculate €500 banknotes.

What is the largest bill in euro?

The five-hundred-euro note (€500) is the highest-value euro banknote and was produced between the introduction of the euro (in its cash form) in 2002 until 2014.

What does the design on a euro coin mean?

The design on the common side of the euro coins features a representation of Europe, as opposed to a map of Europe. The 1, 2 and 5 cents show Europe in the world. The 10, 20 and 50 cents illustrate the Union as a group of nations. The 1 and 2 euro coins illustrate a Europe without frontiers.

When did the first euro coin come out?

Specifications of Euro Coins. There are 8 different euro coins denominations. These are 2 and 1 euros, then 50, 20, 10, 5, 2 and 1 cents, one of each totals 3.88 euro. They were being produced and stockpiled by the Central Banks of the Eurozone states since 1999, and entered circulation on January 1st 2002.

What are the denominations of the euro in paper and coins?

What Are the Denominations of the Euro in Paper and Coins? The euro is the single currency used by the majority of members of the European Union. Prior to its introduction in 2002, a European vacation used to require multiple currency changes, often leading to confusion.

Is the 500 euro note still legal currency?

In the new series, the European Central Bank will no longer print the 500-euro note, although it will still be accepted and will always remain legal currency. Since the smallest note is worth 5 euros, coins cover the smallest denominations of euros. There are coins worth 1 and 2 euros.