Euro banknotes in August 2018, there were about 21.737 billion banknotes in circulation around the Eurozone, with a total value of about €1.193 trillion. On 8 November 2012, the European Central Bank announced that the first series of notes would be replaced by the Europa series, starting with the 5 euro note on 2 May 2013. Estimates suggest that the average life of a euro banknote is about three years before it is replaced due to wear, but individual lifespans vary depending on denomination, from less than a year for €5 banknote to over 30 years for €500 banknote. High denomination banknotes
Banknote Museum Banknote Museum The Banknote Museum of Alpha Bank is a museum located in Corfu, Greece. It showcases an almost complete collection of the Greek currency from 1822 to present, about 2000 items. It includes the first treasury bonds issued by the newly liberated Greek State in 1822 until the replacement of the drachma by the euro in 2002. It also includes sketches essays and printing plates of Greek banknotes. One of its rarest holdings is the 1860 "colonata". The museum was established in 1981 by the Ionian Bank and it is housed at the former Ionian Bank building designed by