ECB: New EUR 100 and EUR 200 banknotes start circulating on May 28 (Photo)

13:37, 28 May 2019
Economy
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REUTERS

"The banknotes use new and innovative security features and are easy to check using the 'feel, look and tilt' method," the European Central Bank (ECB) said in a press release on May 28, 2019.

REUTERS

At the top of the silvery stripe a satellite hologram shows small EUR symbols that move around the number when the banknote is tilted and become clearer under direct light. The silvery stripe also shows a portrait of Europa, the architectural motif and a large EUR symbol. The new EUR 100 and EUR 200 banknotes also feature an enhanced emerald number. While the emerald number is present on all the other notes of the Europa series, this enhanced version also shows EUR symbols inside the number.

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The new EUR 100 and EUR 200 notes are now the same height as the EUR 50 banknote, which makes them easier to handle and process by machines. They will also fit better in people's wallets and last longer, as they will be subject to less wear and tear.

The EUR 100 is the third most widely used euro banknote, after the EUR 50 and the EUR 20. The demand for EUR 100 and EUR 200 banknotes is increasing, at an annual rate of 7.6% for the EUR 100 and 8.6% for the EUR 200.

The EUR 100 and EUR 200 banknotes of the first series, like all the other denominations, will remain legal tender. They will continue to circulate alongside the new notes and will be gradually withdrawn from circulation.

REUTERS
REUTERS

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