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For example, the 5 euro note has a generic rendition of Classical architecture, [17] the 10 euro note of Romanesque architecture, [17] the 20 euro note of Gothic architecture, [17] the 50 euro note of the Renaissance, [17] the 100 euro note of Baroque and Rococo, [17] the 200 euro note of Art Nouveau [17] and the 500 euro note of modern ...
The five-hundred-euro note (€500) is the highest-value euro banknote; it was produced from the introduction of the euro (in its cash form) in 2002 to 2019. Since 27 April 2019, the banknote has no longer been issued by central banks in the euro area, but it continues to be legal tender and can be used as a means of payment.
The Maastricht Treaty entered into force in 1993 with the goal of creating economic and monetary union by 1999 for all EU states except the United Kingdom and Denmark (even though Denmark has a fixed exchange rate policy with the euro). [3] In 1999, the currency was born virtually and in 2002 notes and coins began to circulate. [2]
A banknote or bank note [1] – also called a bill (North American English) or simply a note – is a type of paper money that is made and distributed ("issued") by a bank of issue, payable to the bearer on demand.
On the front of former Bank of England Elgar £20 notes, they appear as green heads of musical notes; however, on the Smith £20 notes of 2007 the circles merely cluster around the £20 text. On some U.S. bills , they appear as the digit zero in small, yellow numbers matching the value of the note.
The euro is the result of the European Union's project for economic and monetary union that came fully into being on 1 January 2002 and it is now the currency used by the majority of the European Union's member states, with all but Denmark (which has an opt-out in the EU treaties) bound to adopt it.