2021-06-29 Tue

The European Central Bank issued 500 Euros banknote which are part of the Eurozone discontinued 500 Euro banknotes series. The European Central Bank started issuing these 500 Euro banknotes in 2002.

This highest denomination Euro banknote measures 160mm by 82mm. Printed on the paper note is the text ‘EYPO’. The architectural style depicted on the five hundred euro banknote is Modernist 20th Century.

The Eurozone’s highest value banknote, the Euro 500 bill, is nicknamed ‘the Bin Laden’ because most people never encounter a Euro 500 banknote. Another reason is that the 500 euro bill is said to be used mainly for money laundering, crime and terrorist financing. They were withdrawn from circulation in 2019.

Image Courtesy: coinbooks.org