Banknotes. Since 2002, euro banknotes have been produced jointly by the national central banks (NCBs) of the euro area. Each NCB is responsible for, and bears the costs of, a proportion of the total annual production in one or more denominations. The annual production of euro banknotes needs to be sufficient to meet expected increases in demand 360 million paper £20 notes remain in circulation; 209 million paper £50 notes remain in circulation; The paper £5 notes were withdrawn in May 2017, and the paper £10 notes in March 2018 The Banque de France issued French Franc banknotes in 12 different denominations, including this 500 French Francs banknote (Pierre and Marie Curie). They are part of the French Franc banknotes series. The Banque de France started issuing these 500 French Franc banknotes in 1994. They were withdrawn from circulation in 2002. 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 The first series of euro banknotes was introduced over 20 years ago and the second series started entering into circulation in 2013. We are now in the process of developing future euro banknotes. This is an opportunity to make them also more attractive, relatable and inclusive for all Europeans, including people with a visual impairment. In 1945, paper money production resumed essentially unaltered from before the war, with the government issuing notes of 1, 5 and 10 cents and 1 dollar, and the three banks issuing notes of 5, 10, 50, 100 and 500 dollars. 1-dollar notes were replaced by coins in 1960, with only the 1-cent note issued by the government after 1965. The Bundesbank's official rate remains at one euro for 1.95583 DM - the rate of nearly two for one set in 2001 - if notes or coins are brought to the Frankfurt institute or its regional branches The European Central Bank issued Euro banknotes in 7 different denominations, including this 20 Euros banknote (First series). They are part of the Euro banknotes series. The European Central Bank started issuing these 20 Euro banknotes in 2002. They are currently still in circulation. This blue colored 20 euro banknote measures 133mm by 72mm. Around 347,000 counterfeit euro banknotes were withdrawn from circulation in 2021, a decrease of almost 25% on the prior year, and a historic low of just 12 fakes per million notes. The new figures from the European Central Bank (ECB) showed that once again €20 and €50 notes were the banknotes most likely to be counterfeited, jointly exchange rate). The euro has a much greater range of high denominations, so the value is not as concentrated in a single denomination as in the United States. Nevertheless, the same basic phenomenon holds, with roughly a third of the value of euro currency held in 50 euro notes (roughly $70), and another third in 500 euro notes (roughly $700 kaeFeL.