When will there be new euro bill designs/features?

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byrnefm
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When will there be new euro bill designs/features?

Post by byrnefm »

Hi,

I was wondering - the euro bills have been out for 7.5 years now. Has there been any word of their design changing, new security features being added, and so on?
I know in the UK and US, the bill designs change every so many years and was wondering if the same will happen to the euro?
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Jes
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Re: When will there be new euro bill designs/features?

Post by Jes »

Hi! it is scheduled to happend in 2011. They will start then with just one of the denominations, later on, they will start changing the others. The new designs and security features are not known yet (at least, it is not known by the general public ;) ) and... I think that's all I know.

I had the link to that news, but it is in another computer, so I cannot post it here. Perhaps someone else may do it. Otherwise, I'll do it tomorrow or whenever I have access to my computer :P
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JanV
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Re: When will there be new euro bill designs/features?

Post by JanV »

Hi,
Jes wrote:I had the link to that news, but it is in another computer, so I cannot post it here. Perhaps someone else may do it. Otherwise, I'll do it tomorrow or whenever I have access to my computer :P
The information can be found on this document:

http://www.ecb.europa.eu/pub/pdf/other/ ... 0806en.pdf
Page 144/145

"9.5 SECOND SERIES OF EURO BANKNOTES
Central banks and other monetary authorities usually upgrade their banknotes after they have been in circulation for a few years to keep ahead of counterfeiters. The Eurosystem is also taking this precautionary measure and is currently developing a new series of euro banknotes. Not that there are many counterfeits: fewer than 600,000 of them – a tiny fraction of the 12 billion banknotes in circulation – are seized on average per year while in circulation, and they are mainly of low to medium quality.

The first denomination in the second series is planned to be put into circulation on 1 January 2011, and will be followed by the other denominations over a period of several years. The designs will be evolutionary, for they will incorporate the present “ages and styles of Europe” theme as well as state-of-the-art and user-friendly security features. The designs and features of the second series, in terms of functionality, are based on market research involving the public and people who handle cash professionally, and also on consultations with the main stakeholders in the cash cycle. The ECB will announce well in advance when the current series ceases to be legal tender, i.e. when it can no longer be used to make payments. However, the NCBs will redeem euro banknotes of the “old” series for an unlimited period of
time."

JanV
byrnefm
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Re: When will there be new euro bill designs/features?

Post by byrnefm »

Thanks for the replies! :)
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androl
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Re: When will there be new euro bill designs/features?

Post by androl »

by the way, this is the 1000th topic in this forum :D

(and this is the 24484th post, so there are approx. 24 messages per topic in this forum)
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The cow answered: "Moo."
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Mr Euro
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Re: When will there be new euro bill designs/features?

Post by Mr Euro »

Today at the national bank of Austria on EBTM09, they told us that for the moment they have no intention to put new designs or features in circulation because the current ones are real good and the counterfittingpercentage is acceptable.
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claudio vda
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Re: When will there be new euro bill designs/features?

Post by claudio vda »

For the new euro bills I have got only a suggestion: bigger short codes! :wink:
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maarsy
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Re: When will there be new euro bill designs/features?

Post by maarsy »

yea , i dont have any problems reeding the code but when i tell ppl about ebt and how it works 3 out of 4 cant see the code or have to almost stick the note into there eye to see it
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