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Data on outstanding amounts (stocks) of euro banknotes and coins in circulation transactions data (flows) on the banknotes and coins issued into circulation, returned from circulation, sorted to check authenticity & fitness and sorted to unfit during the reporting period the number of NCBs/commercial banks branches providing cash in the euro areaEstimated Reading Time: 4 mins. Euro banknotes and coins The euro is one of the most tangible signs of the common European identity, the EU Member States and their citizens. Euro banknotes – “Europa” Series After the first series of banknotes introduced in , a new series of banknotes was created and was gradually introduced to circulation from onwards. The euro banknotes share the same designs across all countries in the euro area. Unlike banknotes, the coins have one common side and one country-specific side. The European Central Bank (ECB) has the exclusive right to authorise the issue of euro banknotes by . 15/05/ · There are seven denominations of euro banknotes: €5, €10, €20, €50, €, € and € They are legal tender in the 19 countries of the euro area. They show architectural styles from different periods in Europe’s psk-castrop.deted Reading Time: 1 min.

The euro is one of the most tangible signs of the common European identity, the EU Member States and their citizens. After the first series of banknotes introduced in , a new series of banknotes was created and was gradually introduced to circulation from onwards. This depiction comes from red-figure, bell-shaped vase, from the 2nd half of the 4th century B. 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. However, the banknotes of the first series will always retain their value and they can be exchanged for an unlimited period of time at the Eurosystem National Central Banks. This material can be used for publication, under the condition that the rules governing the reproduction of euro banknotes, will be strictly obeyed.

The redesign of the euro banknotes was assigned to Reinhold Gerstetter, an independent banknote designer based in Berlin. Euro coins, in contrast with euro banknotes that have single appearance, have only one side that is common for all member states of the euro area. The national side bares representations selected from the competent authorities of each member-state.

Regardless of the representation on the national side, the euro coins can be used as legal tender in all euro area member states. Special features have been incorporated in order to facilitate blind and partially sighted persons.

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Putting euro banknotes and coins into circulation from 1 January should be guided by one basic principle: achieving a smooth and fluid substitution of banknotes and coins denominated in lire with the new banknotes and coins in euro. Attaining this objective is a challenge, not only for national and Community authorities and the Eurosystem — that is to say, for the European Central Bank ECB and the national central banks of the euro area, in our case the Banca d’Italia— but also for European, and thus Italian society as a whole.

It is a complex and important logistical operation which marks the culmination of the process of European Monetary Union. To attain this objective, all citizens will have to work together. To ensure a smooth and fluid substitution of lire with euros, Italian citizens must appreciate the benefits to be derived from this operation. Only then will a receptive attitude be adopted and full co-operation ensured.

We have to make sure that people understand that the introduction of the new euro banknotes and coins is not only necessary but also advantageous for all. I shall not deny that the substitution of lire with euro will cause us all a certain inconvenience, but there is no doubt that it will be worthwhile. It is comparable with introducing improvements in one’s own home: during the works, we suffer inconvenience, but, afterwards, we are happy with the end result and think it is a shame that we were not able to do it beforehand.

We have had the euro as our currency since 1 January and it is, in fact, already used in many transactions and valuations. The anomaly, or disadvantage, is that for cash payments and, therefore, for the fixing of many prices, we still have to use figures expressed in lire. This disadvantage, or imperfection, will disappear with the introduction of euro banknotes and coins, such that all transactions will be conducted, and all prices expressed, in the same currency unit rather than two different ones.

euro banknotes and coins

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The European Commission organised an internal competition to come up with the euro symbol. Some 30 drafts were considered – ten of which were tested on the public – and the final design was selected from two short-listed proposals by the then President of the Commission, Jacques Santer, and Commissioner Yves Thibault de Silguy in Years of planning and preparation went into the euro’s design to find a good balance of aesthetic appeal, practical dimensions and security features – resulting in the seven banknotes and eight coins designed for the launch in January The euro banknotes share the same designs across all countries in the euro area.

Unlike banknotes, the coins have one common side and one country-specific side. The European Central Bank ECB has the exclusive right to authorise the issue of euro banknotes by the national central banks of the euro area. The responsibility for producing them and putting them into circulation is shared among national central banks. Coins are issued by euro area Member States in volumes approved each year by the ECB and production is entrusted to the national mints.

LAT RUS ENG. TABLE OF CONTENTS.

euro banknotes and coins

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When examining the authenticity of banknotes it is necessary to pay attention to several security elements — safety features, which can be found on euro banknotes. This is done by click the appropriate number to open safety features and examples of counterfeited banknotes :. Watermark is located on the white left part of the obverse side of the banknote and shows the central motif of the gate for the first series of euro banknotes and the goddess Europa for the second series , as well as the value numeral.

When looked against the light, the watermark of the value numeral must be always brighter than the main motif. On a dark surface, the watermark of value numeral must be always dark. The security thread is embedded into the paper, and is seen only when held up against the light. It contains the sign of the currency as well as the value numeral. Matching details — see-through register only in the first series of euro banknotes , is located in the upper left corner of the obverse side of the banknote and the reverse side of the banknote in the upper right corner partial printing on both sides , and when the banknote is looked against the light, a complete value numeral is shown.

OVI ink changes colour when tilted, changing the colour from the shades of pink to olive green. When tilted, the emerald green on the navy blue background moves up and down. Click to turn 20 euro banknotes. Click to turn 50 euro banknotes. More information on security features of euro banknotes can be found at the European Central Bank website. The , and cent coins are not magnetic, while 5-, 2- and 1-cent coins are extremely magnetic.

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They are legal tender in the 19 countries of the euro area. Europa series Size: x 62 mm Colour: grey. Size: x 67 mm Colour: red. Size: x 72 mm Colour: blue. Size: x 77 mm Colour: orange. Europa series Size; x 77 mm Colour: green. Size: x 82 mm Colour: green. Europa series Size; x 77 mm Colour: Yellow-brown. Size: x 82 mm Colour: yellow-brown.

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It appears JavaScript is disabled. To get the most out of the website we recommend enabling JavaScript in your browser. The Europa series banknotes have several new and enhanced security features as well as a fresh look. The Europa series retains the main picture elements and colour scheme used in the first series of euro banknotes, while the „Ages and styles“ theme showing architectural styles from different periods of Europe’s cultural history has been modified slightly.

Read more about banknote security features. The second series of euro banknotes takes its name from Europa, a figure from Greek mythology, whose portrait can be seen in both the watermark and the hologram of the new banknotes. Find out more about the enhanced security features by watching this YouTube video. The Central Bank of Ireland provides a facility for the exchange of high value euro currency banknotes at our public office in North Wall Quay limited number of notes permitted per transaction.

The Central Bank issues the euro currency into circulation in accordance with the principles and rules of the Eurosystem. Having an adequate supply of quality cash in the economy as part of an effective payments system, protects the best interests of consumers. View information about euro banknotes. Euro Banknotes are issued to a very strict and high standard of quality established for the Eurosystem.

View information about the security features of euro banknotes.

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The banknotes throughout the euro area are similar, however the reverse of the coins is chosen by each country separately. This makes the creation process of the coins more complicated, but the users of these banknotes find interest in their diversity. The folk maiden will be depicted on the national side of the Latvian one-euro and two-euro coins, whereas the , and euro cent coins will feature the great coat of arms of Latvia and the 5-, 2- and 1-euro-cent coins the small coat of arms of Latvia.

The design models are approved by the Euro Coins Subcommittee of the Economic and Financial Council ECOFIN. The design of the reverse of the Latvian euro coins was chosen at the all-Latvian competition of ideas in The jury chose as the best the proposal sent in by Ilze Kalnina who suggested that the portrait of a Latvian folk maiden , the Freedom Monument and the coat of arms of the Republic of Latvia be depicted on the coins.

For the Latvian euro coins the jury of the competition of ideas chose the images that symbolize Latvia and its core values – the love of Latvians for their native land, their quest for freedom and pride in their nation. This idea is also retained, although, not so broadly as planned, in the approved models. After the competition of ideas the Bank of Latvia’s experts, artists, mints and European Commission’s experts joined efforts to ensure, on the one hand, compliance with the legislation of the European Union, the specifications for the design additional size, the proportion of the enclosing and central circle, the layout of the EU stars in the enclosing circle and, on the other hand, appropriate reflection of the chosen images in the small square of the circulation coin.

The experts involved finally came to the conclusion that it was not possible to depict the Freedom Monument on the euro circulation coin so that it would be easily recognizable. Acknowledging the results of the competition of ideas, it was therefore decided that the same portrait of the folk maiden that adorned the reverse of the five-lats coin designed for the newly independent Latvian state will be depicted on the two-euro coin. In compliance with the National Euro Changeover Plan, the Bank of Latvia begins minting Latvian euro coins at the end of July

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Euro Coins. Money itself is worthless. If you’d look at it, it could be a metal coin or a simple piece of paper imprinted with historic landmark or image on it. However, the value that people put on money has got nothing to do with money’s physical value. Money has its value for many different things like: Coins And Banknotes. The EURO catalog from Lighthouse provides a comprehensive presentation of all coins, banknotes and official circulation coin sets since the introduction of the euro in the respective countries. In addition, the book provides detailed information on the coins, a summary of all 2-euro commemorative coins as well as the marking of cross-country European issues.

The Banque de France is an independent institution governed by French and European law, and a member of the Eurosystem, which is the federal system comprising the European Central Bank and the national central banks of the euro area. The Banque de France contributes to the definition of euro area monetary policy and ensures its implementation in France on behalf of the Eurosystem.

Safeguarding financial stability is one of the core missions of the Banque de France. It consists in ensuring the financial system functions efficiently and is sufficiently robust to withstand shocks. The Banque de France provides economic expertise in the form of research, forecasts and contributions to international financial bodies. Through these activities, it helps to establish a complete diagnosis of the economy, which is necessary for the conduct of monetary policy.

The Banque de France carries out a broad range of cash-related activities: it issues banknotes, monitors recirculated banknotes and puts coins into circulation. It is also steering the modernisation of the cash cycle, in conjunction with its clients. Euro banknotes are identical in all euro area countries.

Their characteristics size, colour, illustrations, security features are easy to recognise, including for the visually impaired. Euro coins all have an identical reverse side and a national side which is specific to the country of issuance. The ECB Governing Council unveiled the winning designs of the European wide competition it had organised at the European Council meeting in Dublin on 13 December

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