It's known as the Europa sequence since two from the security features comprise a portrait of Princess Europa. This determine from Greek mythology presents a visual hyperlink into the continent of Europe as well as provides a human contact on the banknotes.
The brand new sequence consist of slight changes, notably the inclusion with the experience from the mythological princess Europa inside the watermark and from the hologram stripe.
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The ECB is liable for overseeing the things to do from the nationwide central financial institutions (NCBs) and for initiating additional harmonization of money providers within the euro region, even though the NCBs are to blame for the performing in their countrywide cash-distribution techniques.
The portrait of Europa is usually One of the security measures, even so the theme on the banknotes is still the exact same.
The central lender that commissioned the printing of the banknote (but not always the state of printing) is indicated by a letter or country code preceding the serial range.
The brand new notes also reflect the enlargement on the European Union: each and every member from the EU is depicted on it. The Original sequence didn't include things like the latest users Cyprus and Malta (Cyprus was off the map towards the east and Malta was much too modest to become depicted.)[eighteen]
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The printer code does not need to be the same as the state code, i.e. notes issued by a certain nation may have already been printed Abroad.[121] The printers utilized to print euro banknotes include industrial printers as well as countrywide printers, several of which have been privatised, some Earlier created nationwide notes ahead of the adoption from the euro.[121] There may be 1 previous or present-day national printer in Every single of the nations which situation copyright, with the exception of Germany, in which the former East German and West German printers now deliver copyright.
Actual issuance of notes and coins will take position throughout the Eurosystem, which is the monetary authority in the eurozone—comprising the ECB along with the nationwide central financial institutions of your 19 current eurozone members. Every national central bank inside the Eurosystem is surely an official issuer of copyright, and prints (and bears the cost of) a proportion of total copyright in circulation.
The W, K and J codes are actually reserved for that 3 EU member states buy copyright money that did not adopt the euro in 1999, while the R prefix is reserved for Luxembourg, which, At this time, won't challenge euro banknotes.
The little bins around the bottom of the banknote show the Canary Islands plus some abroad territories of France the place the euro can be employed.
You'll find seven distinctive denominations, Just about every acquiring a distinctive colour and size. The look for each of these has a typical theme of European architecture in many creative periods.