🌜 How Many 500 Euro Notes In Circulation

The 2000-rupee note, introduced into circulation in 2016, will remain legal tender but citizens have been asked to deposit or exchange these notes by Sept. 30, 2023. The decision is reminiscent of Currency in Circulation: Volume (in billions of notes, as of December 31 of each year) Year $1 $2 $5 $10 $20 $50 $100 $500 to $10,000 Includes Federal Reserve A 500 euro note is worth around $720: $1 million (£600,000) in $100 bills weighs 22lb - in 500 euro notes just 3.5lb. 'These notes are significantly easier to smuggle back to Colombia or Mexico For example, the 500 euro note accounts for almost 30% of the notes in circulation by value or some 306 bln euros. If the ECB said it would replace the 500 euro notes with proportionally smaller It is calculated for each individual country as the total euro banknotes/coins put into circulation by the national central bank (NCB) of that country since the introduction of the euro, minus all euro banknotes/coins returned to that NCB. It's nothing to do with Brexit and everything to do with the 500 Euro note being the criminal's note of choice. They're actually no longer issued for this reason (although old ones remaining in circulation are still legal tender). Some suggestions here on how to get rid of it: In July 2023, there were about 14,523,000,000 fifty euro banknotes in circulation in the eurozone. It is by far the most widely circulated denomination, accounting for almost half (49.0%) of the total banknotes. [7] Some 347,000 counterfeit euro banknotes were withdrawn from circulation in 2021 (180,000 in the second half of the year), a decrease of 24.6% when compared with 2020. €20 and €50 notes continued to be the most counterfeited banknotes, jointly accounting for about two-thirds of the total. 95.4% of counterfeits were found in euro area .

how many 500 euro notes in circulation