New 100- and 200-euro financial institution notes entered circulation on Tuesday, finishing the European Central Financial institution’s overhaul of paper cash to make it simpler to deal with and extra counterfeit-resistant.
The brand new notes — price about $112 and $224 — have a shinier end and extra security measures, and are extra sturdy than their predecessors, the central financial institution mentioned. They’re additionally vegan pleasant, not like the polymer payments launched by the Financial institution of England in 2016 and 2017.
A spokeswoman for the European Central Financial institution, which oversees the foreign money within the 19 European Union member international locations which have adopted it, mentioned that there was no proof of any animal-based merchandise within the payments’ uncooked supplies. “The paper we use in euro financial institution notes is fabricated from 100 p.c cotton fiber,” she mentioned, including, “The euro system is strongly dedicated to sustaining and enhancing the sustainability of the euro financial institution notes and the uncooked supplies used.”
The peak of the brand new payments has been diminished — they’re now as tall as a €50 financial institution observe, 77 mm excessive, or about three inches — however their size stays the identical, at 147 mm for the €100 invoice and 153 mm for the €200 invoice.
“The longer the observe, the upper the worth,” the financial institution mentioned in September when it launched the brand new payments. A uniform peak makes it simpler to suit the payments right into a pockets, and reduces put on and tear.
Superior machine-readable security measures “provide higher safety towards counterfeiting,” the financial institution mentioned.
The euro was launched just about in 1999, and the primary notes and cash started to flow into in 2002. The €100 and €200 notes launched on Tuesday are the final of the “Europa” sequence, which began with a brand new €5 observe in 2013, adopted by the €10, €20 and €50 within the subsequent three years. The central financial institution has phased out the €500 invoice in an effort to foil money transactions by cash launderers, drug sellers and terrorists.
The Europa sequence, designed by Reinhold Gerstetter, takes its identify from Greek mythology: Europa was a nymph who was kidnapped by Zeus posing as a white bull, and he or she has grow to be an emblematic determine of up to date Europe.
The brand new notes characteristic a small portrait of Europa in addition to architectural motifs — from the 17th and 18th centuries on the €100 observe, and the 19th century on the €200 observe. These options are repeated within the vertical safety strip.
The notes nod to the variety of Europe in different methods. The initials of the European Central Financial institution are imprinted in 10 linguistic variants, together with German, Hungarian and Maltese. “Euro” is written in three alphabets: Greek, Latin and Cyrillic — the final to commemorate Bulgaria becoming a member of the European Union in 2007.
Different symbols of the bloc take delight of place. The 12-star flag is a recurring theme, showing on the obverse above the signature of Mario Draghi, the central financial institution president. The celebs additionally encircle a map of Europe.