Following yesterday’s unveiling of the new euro €50 banknote, which will be issued on 4 April 2017, the European Central Bank (ECB) have posted a video detailing five facts about the new banknote.
The video looks at the 50 euro banknote’s use throughout the Euro system, how often the current circulating denomination is counterfeited, its production costs, and the efforts required to calibrate the thousands of banknote machines which accept euro banknotes.
SMI is the acknowledged world leader in the provision of independent technical & commercial expertise to the currency industry. Founded in 1994, SMI consultants each have many years’ experience working in the currency industry, and consequently have extensive knowledge and understanding of all aspects of the banknote and coin markets, offering consultancy services on a range of issues related to the security, manufacture, issue, circulation and management of physical cash in the economy.
