Euro banknotes
From Wikinfo
The euro (EUR or €) is the singlecurrency for most nations within the European Union. Euro banknotes and coins (see Euro coins) came into circulation on January 1, 2002, though the Euro itself had been formally established as a unit of exchange on January 1, 1999.
There are seven different denominations, each having a distinctive colour and size. The design for each of them has a common theme of European architecture in various artistic periods. The front (or recto) of the note features windows or gateways while the back (or verso) has bridges. Care has been taken so that the architectural examples do not represent any actual existing monument, so as not to induce jealousy and controversy in the choice of which monument should be depicted.
Common to all notes are the European flag, the initials of the European Central Bank in five versions (BCE, ECB, EZB, ΕΚΤ, EKP), a map of Europe on the back, the name "euro" in both Latin and Greek script and the signature of the current president of the ECB. The 12 stars of the EU are also incorporated into every note, with the design having been created by Austrian artist Robert Kalina.
| Denomination | Dimensions | Dominant Colour | Architecture | Period | Printercode position |
|---|---|---|---|---|---|
| 5 euro | € 5 | |||||
| 10 euro | € 10 | |||||
| 20 euro | € 20 | |||||
| 50 euro | € 50 | |||||
| 100 euro | € 100 | |||||
| 200 euro | € 200 | |||||
| 500 euro | € 500 |
| File:5e rec.png | File:5e ver.png | |
| File:10e rec.png | File:10e ver.png | |
| File:20e rec.png | File:20e ver.png | |
| File:50e rec.png | File:50e ver.png | |
| File:100e rec.png | File:100e ver.png | |
| File:200e rec.png | File:200e ver.png | |
| File:500e rec.png | File:500e ver.png |
Unlike the euro coins, the euro notes do not have a national side indicating where they're from. This information is instead contained within the code on the back of the note(serial number) and the printing works (see below).
The first letter of the serial number uniquely identifies the country that issues the note. The remaining numbers (when added up and the digits of the resulting sum then added together again until a single digit remains) give a checksum also particular to that country. The W, K and J codes have been reserved for the EU member states currently not participating in the euro.
| Code | Country | Checksum |
|---|---|---|
| Belgium | ||
| Greece | ||
| Germany | ||
| (Denmark) | ||
| Spain | ||
| France | ||
| Ireland | ||
| Italy | ||
| Luxembourg | ||
| Not Used | ||
| Netherlands | ||
| Not Used | ||
| Austria | ||
| Portugal | ||
| Finland | ||
| (Sweden) | ||
| (United Kingdom) |
Somewhat hidden on the front of the note is a second, smaller sequence where the first letter identifies the actual printer of the note. The printer code need not coincide with the country code, i.e. notes issued by a particular country may have been printed in another country (e.g. some Finnish notes have in fact been produced by a UK printer). The A, C and S codes have been reserved for printers currently not printing euro banknotes.
| Code | Printer | Location | Country |
|---|---|---|---|
| (Bank of England Printing Works) | (Loughton) | (United Kingdom) | |
| Not Used | --- | --- | |
| (AB Tumba Bruk) | (Tumba) | (Sweden) | |
| Setec Oy | Vantaa | Finland | |
| F. C. Oberthur | Chantepie | France | |
| �sterreichische Banknoten und Sicherheitsdruck | Vienna | Austria | |
| Johan Ensched� & Zn. | Haarlem | Netherlands | |
| De La Rue | Gateshead | United Kingdom | |
| Not Used | --- | --- | |
| Banca d'Italia | Rome | Italy | |
| Central Bank of Ireland | Dublin | Ireland | |
| Banque de France | [[Chamali�res]] | France | |
| F�brica Nacional de Moneda y Timbre | Madrid | Spain | |
| Bank of Greece | Athens | Greece | |
| Not Used | --- | --- | |
| Giesecke & Devrient | Munich & Leipzig | Germany | |
| Not Used | --- | --- | |
| Bundesdruckerei | Berlin | Germany | |
| (Danmarks Nationalbank) | (Copenhagen) | (Denmark) | |
| Banque Nationale de Belgique | Brussels | Belgium | |
| Valora | Carregado | Portugal |
As from 2002, the individual national central banks (NCBs) are responsible for the production of one or two specific banknote denominations and will thus select the printing works. This decentralised pooling scheme means that the NCBs have to exchange the denominations produced in different locations prior to issue.
Design changes & smaller euro denomations
Italy, Greece and Austria have asked several times to introduce lower denominations of euro notes. The ECB has stated that "while printing a � 1 note is more expensive (and less durable) than minting a � 1 coin", the issue is still being considered by the council of ministers.
The design of the banknotes will not change after the expansion of the European Union to the east in 2004 (that is, the map will not show cyprus). Newer designs will likely be issued at the end of the decade. Like the pre-euro currencies, the new series start from the lowed denominations.
External links
References
- Adapted from the Wikipedia article, "Euro_banknotes" http://en.wikipedia.org/wiki/Euro_banknotes, used under the GNU Free Documentation License
