The European Central Bank has released information on the new 50€ banknote and its modern age security features, pledging that it will ‘make currency even safer’ and ‘underlines the Eurosystem’s commitment to cash as a trusted and efficient means of payment’. The note won’t be come into circulation until April next year, but eager cash lovers can get their hands on a pre-public release, but they’re have to set their minds to it…
“The introduction of the new €50 will make our currency even safer”, Yves Mersch, ECB Executive Board member, said. “Its state-of-the-art security features help protect our money. It is part of our continued efforts to preserve the euro as a stable currency, a currency that 338 million people across the euro area rely on day by day. The gradual launch of the new euro banknotes with new and enhanced features also underlines the Eurosystem’s commitment to cash as a trusted and efficient means of payment.”
According to the ECB, the 50€ is the most widely used with more 50€ banknotes in circulation than all the 5€, 10€ and 20€ notes put together.
Safety features of the new note include a portrait window. The ECB says: “[It is] 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 a shiny ‘emerald’ number, which, when tilted, changes colour from emerald green to deep blue and displays an effect of the light that moves up and down.
The ECB says these features will make it easier for handlers to guarantee the authenticity of a 50€ note using the ‘feel, look and tilt’ method.
So how can you get your hands on one of these new notes? It’s actually going to be more fun than you’d expect.
European citizens over 18 can enter the ECB’s Tetris® new 50€ competition, which asks users to uncover all of the new security features of the note. The competition is open until 29th August and the 100 highest scoring players will win!