Starting with January 27th 2019, most of the countries that have the Euro as their official currency stopped issuing the 500 Euro banknotes. As a general rule, most stores, restaurants and bars do not accept payment in high-value bills, so the 500 Euro bill is not quite easy to exchange. But eliminating it may not solve the problem. Earlier this year, the European Central Bank stopped all production of the 500 euro note. Are 500 euro notes worth more? In 11 of the 12 euro-zone countries, the 500 euro note will be worth more than the biggest domestic bill. In Greece, the note will be worth 17 times more than the country’s Current banknotes. There are two series of euro banknotes. The first series comprises seven different denominations: €5, €10, €20, €50, €100, €200 and €500. The second, also known as the Europa series, consists of six denominations, as we decided to stop the issuance of €500 banknotes. Denominations, design and security features Wikipedia says that "The value of the French franc was locked to the euro at 1 euro = 6.55957 FRF on 31 December 1998, and after the introduction of the euro notes and coins, ceased to be legal tender after 28 February 2002 (although still exchangeable at banks)." – 6 days ago · Based in Frankfurt, Germany, the ECB is an independent and neutral body headed by an appointed president who is approved by all member countries to serve an eight-year term. The euro was launched on January 1, 1999, replacing the precursor ecu at a 1:1 value. Until the circulation of currency notes and coins in 2002, the euro was used only by Note: except of the state of the Saarland (1957–1959) Currency of Germany 1 July 1990 – 31 December 2001 Note: euro existed as money of account since 1 January 1999, with DM coins and banknotes being the German appearance of the euro: Succeeded by: Euro Reason: deployment of euro cash Ratio: 1 euro = 1.95583 Deutsche Mark: Preceded by: Since April 2019, the European Central Bank no longer issues banknotes of €500 euro. The Eurozone’s highest denomination banknotes are no longer distributed for because according to the ECB the so-called Bin Laden bills are increasingly being used for illegal purposes. The 500 euro notes remain legal tender and they are in theory still Two possible themes selected for future euro banknotes. On 29 November 2023, the ECB’s Governing Council decided to move forward to the next stage of the redesign process for euro banknotes with two possible themes: “European culture” and “Rivers and birds”. The decision was based on the preferences of euro area citizens. .

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