Tel. +49-69-1344-0 Fax: +49-69-1344-7305
Jean-Claude TRICHET
President
Mr Jim Higgins
Member of the European Parliament
European Parliament
Altiero Spinelli Building 08E153
60 Rue Wiertz
B-1047 Brussels
Frankfurt, 20 October 2009
L/JCT/09/1556
ECB considerations on issuing a €30 banknote
Dear Mr Higgins,
Thank you for your question whether the ECB is considering issuing a €30 banknote, which was communicated to me through a letter of 8 October 2009 by Ms Bowles, Chairperson of ECON.
In November 1994, the Council of the European Monetary Institute (EMI), the ECB’s predecessor, decided on a sequence of 1:2:5 for the seven euro banknote denominations: €10 and €100; €20 and €200; and €5, €50 and €500. This sequence is in line with the common denominational split of most of the world’s currencies and also corresponds to the sequence of the euro coins (1 cent, 10 cent and €1; 2 cent, 20 cent and €2; 5 cent and 50 cent), as agreed by the EU’s Economic and Financial Council (Ecofin).
I should like to add that some countries use or have used a sequence of 1:2.5:5. This was the case in the Netherlands in the pre-euro days of the guilder. However, to our knowledge, no country uses 3:30:300, etc. as a denominational sequence.
The ECB’s approach towards the denominational split of the euro banknotes has not changed. The ECB has thus not considered issuing a €30 banknote.
this is something i found when i was looking on the ecb page







