Starling Bank never charges monthly fees or fixed fees for currency exchange. You will always get the real mid-market exchange rate applied to your transfers and will pay an excellent 0.4% markup (as of May 2023). Even better, you can receive Euros for free with this account too. 9.3.

Euro cash comes in both note and coin format, with coin denominations including €1, €2, 1¢, 2¢, 5¢, 10¢, 20¢ and 50¢, and notes including €5, €10, €20, €50, €100, €200, €500. The coin denominations have a common side, showing different maps of Europe, and a national side, reflecting the issuing country.
The ECB intends to issue a new series of euro banknotes and expects a final decision to be made in 2024 on the design and technical choices for each of the denominations in the future series. Why a change of series? There is a permanent struggle between the public authorities in charge of issuing banknotes and counterfeiters. For this reason, the change of the series of banknotes in 02/08/08 10:05 AM. 18968 posts. The Euro is very locically designed. It is based on multiples of 1, 2, and 5. You have small copper coins for 1, 2, and 5 cent. A cent is 1/100 of a Euro. The 1 and 5 cent pieces have smooth edges. The 2 cent piece has a circumferential groove around the outside edge. Next you have 10, 20, and 50 cent pieces.
Save. > I mean are notes for older European currencies and coins worth saving. In some countries (e.g. the Deutsche Mark in Germany) you can still change old banknotes and coins into Euro (1 DM = 0,511292 Euro). In Germany you have to go for this to a branch of the Bundesbank. Apart from this. - common money which circulated.
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"The 500 euro note is really the note of choice among criminals. "We estimate that more than 90% of the 500 euro notes that are provided in the UK have actually gone into the hands of serious organised criminals." Economists have long charted how large denomination notes facilitate money laundering.

By the end of 2018, the pressure of the purple is used to set Certificates. Then the Bills are to be drawn from the traffic. That is to say: if a 500-Euro bill at a Bank, he is not brought again into the circulation. You have one or more 500, an exchange is not necessary. The note retains its value, probably forever.

Shops are more likely to accept large denominations if they are making a large sale. TV costs €499.99, customer pulls out €500 note. They will never give €400 as change. There is an additional problem that staff may not be trained to check for counterfeit in large denominations. That's another reason for rejection. Euro bills come in 5, 10, 20, 50, 100, and 200 notes. There was a 500 euro note once, but it is being phased out since ordinary people never use it. Sometimes, spending 100 and 200 euro bills, even 50 notes, will be challenging. It’s best to have a mix of the smaller notes when possible. Save. I have seen a drastic decline in the acceptance of 500 - 200 and even 100 euro notes in Europe when I came here this time. My last few visits were during 2003 - 2008, and there was no problem accepting 100/200 euro notes in most places in Germany. Now it feels that a 500 euro note is not even money anymore :)

The 500-euro banknote also remains legal tender, but it is more difficult to spend them, as most vendors in the Euro-zone don’t accept €500 notes for payments. How and Where can I exchange old Euro banknotes? Do you still have some old Euro banknotes from the First Series? It’s easy to exchange old Euro banknotes using our online exchange

In mid-February 2018 the euro is worth about $1.25 USD. The ECB announces the issuance of the 500-euro note will end around the close of 2018, as part of the new “Europa” series of banknotes. The phase-out of the 500-euro note in Germany and Austria is to be delayed until mid-2019. The denominations of euro banknotes embody the shared theme of "Ages and styles of Europe" and represent the architectural styles of seven periods of European cultural history. They have been legal tender in all of the participating European Union member states since 1 January 2002. In addition, the physical appearance of euro banknotes is identical throughout the euro area. The European
But I think the banks might change the big notes for smaller ones. Mind you: in the small towns and small shops they won't be happy if you have to pay let's say 3-4 euros and want to do so using a € 50,- note. They'll run out of change too quickly. So it's always handy to have 5,- / 10,- and 20,- notes.
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    • can i use 500 euro note in europe