New €50 banknote starts circulating today

The new €50 banknote enters circulation today throughout the euro area. Its upgraded and enhanced security features make it even more resistant to counterfeiting.

In the euro area over three quarters of purchases in stores are made in cash and the €50 note is the most widely used denomination, with more than 9 billion of them in circulation. The €50 banknotes of the first series will remain legal tender and continue to circulate alongside the new notes; the Eurosystem central banks will gradually withdraw them from circulation.

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