{"id":6087,"date":"2019-02-25T11:37:45","date_gmt":"2019-02-25T11:37:45","guid":{"rendered":"https:\/\/www.wasteyourtime.co\/?p=6087"},"modified":"2019-09-06T21:49:35","modified_gmt":"2019-09-06T20:49:35","slug":"euro-going-die","status":"publish","type":"post","link":"https:\/\/traders-paradise.com\/magazine\/2019\/02\/euro-going-die\/","title":{"rendered":"Euro – Is it Going to Die?"},"content":{"rendered":"

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4 min read<\/span><\/i><\/p>\n

\"Euro
\nFrom 27 January 2019, 17 of the 19 national central banks in the euro area is no longer issue \u20ac500 banknotes. In order to ensure a smooth transition and for logistical reasons, the Deutsche Bundesbank and the Oesterreichische Nationalbank will continue issuing the notes until 26 April 2019.<\/span><\/p>\n

Existing \u20ac500 banknotes will continue to be legal tender, so you can still use them as a means of payment and store of value (i.e. spend and save them). Similarly, banks, bureaux de change and other commercial parties can keep recirculating the existing \u20ac500 notes.<\/span><\/p>\n

Like all denominations of euro banknotes, the \u20ac500 note will always retain its value<\/a> and can be exchanged at a national central bank of the euro area at any time.<\/span><\/p>\n

To be charitable, you could say the euro has proved itself merely by surviving until its 20th birthday this January. <\/span>
\nThat is a low bar.<\/span><\/p>\n

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