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The five-hundred-euro note (500 €) is the highest-value euro banknote; it was produced between the introduction of the euro (in its cash form) in 2002 until 2019.
The €500 banknote was not included in the Europa series and has not been issued since 27 April 2019. Like all denominations of euro banknotes, the €500 note will always retain its value and can be exchanged at any national central bank in the euro area at any time. Watch the video: The new face of the euro – Europa.
The euro banknotes you carry in your wallet are the most tangible symbol of a united Europe. There are more than 29 billion euro banknotes in circulation with a total value of more than €1.5 trillion.
Estimates suggest that the average life of a euro banknote is about three years before replacement due to wear, but with a wide variation by denomination level, from less than a year for €5 banknotes to over 30 years for €500 banknotes, on average.
The ECB has decided to stop producing the €500 banknote, although the first series €500 remains legal tender. The banknotes of the two series will continue to circulate in parallel as legal tender. The date when the first series of euro banknotes ceases to be legal tender will be announced well in advance.
The ECB has decided to stop producing the €500 banknote, although the first series €500 remains legal tender (read the related press release). Europa. The second series of banknotes is called the Europa series because two of the security features contain a portrait of Europa.
The designs for the 5, 10, 20, 50, 100, 200 and 500 euro banknotes were inspired by the theme ‘the ages and styles of Europe’ and depict the architectural styles from seven periods of Europe’s cultural history: Classical, Romanesque, Gothic, Renaissance, Baroque and Rococo, the Age of Iron and Glass, and modern 20th century architecture.
