The new series of banknotes has been gradually put into circulation in recent years in the euro zone, in ascending order of values. The “Europe” series has been complete since May 28, 2019 with the circulation of new 100 and 200 euro banknotes.
The Eurosystem is required to preserve the integrity of the euro banknotes and to continue to improve their manufacturing techniques. The “Europe” series, launched in May 2013 with the € 5 banknote, offers better protection against counterfeiting and thus makes euro banknotes even safer. The new 100 and 200 euro banknotes have the same security features as the 50 euro banknote, such as a portrait inserted in the watermark and the hologram, as well as new improved signs which make them more difficult to counterfeit, while remaining easy to verify.
The 100 and 200 euro banknotes are used both as a means of payment and as a store of value. At the end of 2018, 2,7 billion 100-euro banknotes were in circulation (i.e. 13% of all euro banknotes in circulation), compared with 2,5 billion 10-euro denominations (i.e. approximately 12% of total euro banknotes in circulation). In value, the 100 euro banknote is the most significant denomination after that of 50 euros, representing almost a quarter (23%) of the value of all the euro banknotes in circulation. By comparison, 200 euro banknotes account for 1% of the total number of euro banknotes in circulation and 4% of their total value.
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