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Value of euro banknotes in circulation 2013-2019, by denomination

The amount of cash in circulation has increased in the last five years for all currency denominations. The total of fifty euro bills amounted to 560.8 billion euros, by far the highest total for any bill. The 500 euro bills summed to around 223 billion euros, though they have not been issued by most Eurozone central banks since January 2019. The European Central Bank has the exclusive right to authorize the issuance of euro banknotes.

Cash as payment means

While the number of cashless transactions in the European Union is increasing, cash is still the primary means of purchase, particularly for small transactions. Most countries report that a majority of points of sale transactions are cash transactions.

Currency woes

One of the major issues with cash is the threat of counterfeit banknotes. A shift away from a cash-based economy makes this much less of an issue, since bank software is designed to recognize false transactions more easily than humans recognize fake bills.

Value of euro banknotes in circulation from 2013 to 2019, by denomination

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Source

Release date

January 2020

Region

Europe

Survey time period

2013 to 2019

Special properties

as of December each year

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Statistics on "The Euro currency"

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