50 euro note
| (Eurozone and Institutions) | |
|---|---|
| Value | 50 euro |
| Width | 140 mm |
| Height | 77 mm |
| Security features | Colour-changing ink, see-through number, hologram patch with perforations, EURion constellation, watermarks, raised printing, ultraviolet ink, microprinting, security thread, matted surface, barcodes and a serial number |
| Paper type | 100% pure cotton fibre |
| Years of printing | 1999 – 2014 Since 2015 (Europa series) |
| Obverse | |
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|
| Design | Window in Renaissance architecture |
| Designer | Robert Kalina |
| Design date | 3 December 1996 |
| Reverse | |
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| Design | Bridge in Renaissance architecture and map of Europe |
| Designer | Robert Kalina |
| Design date | 3 December 1996 |
The fifty euro note (€50) is one of the middle value euro banknotes and has been used since the introduction of the euro (in its cash form) in 2002. The note is used by some 332 million Europeans and in the 23 countries which have the euro as their sole currency (with 22 legally adopting it).
It is the fourth smallest note, measuring 140 mm × 77 mm, and has an orange colour scheme. The note depicts bridges and arches/doorways in the Renaissance era (15th and 16th centuries).
The €50 note contains several complex security features such as watermarks, invisible ink, holograms and microprinting that document its authenticity. In January 2016, there were about 8,170,000,000 fifty euro banknotes in circulation in the eurozone. It is by far the most widely circulated denomination, compromising over 44% of the total banknotes.
The full design of the Europa series €50 banknote was revealed on 5 July 2016. The new 50 note was released on 4 April 2017.
The euro was founded on 1 January 1999, when it became the currency of over 300 million people in Europe. For the first three years of its existence it was an invisible currency, only used in accounting. Euro cash was not introduced until 1 January 2002, when it replaced the national banknotes and coins of the 12 countries in the eurozone, such as the Dutch guilder and the Portuguese escudo. Today, the €50 note is used by some 332 million Europeans and in the 22 countries which have it as their sole currency (with 20 legally adopting it).
Slovenia joined the Eurozone in 2007,Cyprus and Malta in 2008,Slovakia in 2009,Estonia in 2011,Latvia in 2014, and Lithuania in 2015.
The changeover period during which the former currencies' notes and coins were exchanged for those of the euro lasted about two months, from 1 January 2002 until 28 February 2002. The official date on which the national currencies ceased to be legal tender varied from member state to member state. The earliest date was in Germany, where the mark officially ceased to be legal tender on 31 December 2001, though the exchange period lasted for two months more. Even after the old currencies ceased to be legal tender, they continue to be accepted by national central banks for periods ranging from ten years to forever.
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Wikipedia