The new Europa series €50 banknote will come into circulation on 4 April 2017.
The €50 banknote is the most widely used of all euro banknote denominations.
More than 8 billion banknotes in circulation are €50 banknotes, representing about 45% of the total.
The new €50 banknote was unveiled on 5 July 2016.
The new €50 banknote is the fourth banknote in the Europa series that is gradually replacing the original series of euro banknotes introduced in 2002, and will come into circulation on Tuesday, 4 April 2017. It will offer enhanced security features, improved durability and better protection against counterfeiting.
The new banknote includes a portrait window – a new and innovative feature first used on the Europa series €20. When the banknote is held up to the light, a transparent window near the top of the hologram reveals a portrait of Europa, a figure from Greek mythology, which is visible on both sides of the note. The same portrait also appears in the watermark. The front of the banknote features an “emerald number”, a shiny number that, when tilted, changes colour from emerald green to deep blue and displays an effect of the light that moves up and down. These security features make it easy to check the new €50 for authenticity, using the “feel, look and tilt” method.
For further information on the security features, please click here.
Banknote equipment manufacturers, cash handlers and other affected parties have 9 months to prepare for the introduction of the note. As the €50 is the most widely used note in Ireland, we would urge all affected parties to ensure that their equipment is ready to accept the note from 4 April 2017.
The Central Bank is committed to supporting the efforts of all affected parties to prepare for the note, as follows:
- ES2 €50 notes can be borrowed from the Central Bank, in exchange for collateral, to aid in the updating and adaptation of banknote handling machines and equipment;
- Training will be provided to cash handlers on a train the trainer basis later in 2016; and
- Communication material will be available free of charge later in 2016.
For any queries related to the launch of the new €50 note, please contact firstname.lastname@example.org.