500 euro note supply of euro notes and to maintain their integrity throughout the euro area. The €500 banknote peaked at the end of March 2009 at 36.9% of the value of all Euro banknotes.Circulation by numbers of notes peaked at 613,559,542 banknotes in December 2015 when the decision to not include this denomination in the new Europa series was made. The lowest number of €500 banknotes in recent years is, 507,033,274 in February 2018. Besides the date of the introduction of the first set to January 2002, the publication of figures is more significant through the maximum number of banknotes raised each
500 euro note is little reason to believe that the overall value cash circulating will decrease. Legally, both the European Central Bank and the central banks of the eurozone countries have the right to issue the 7 different euro banknotes. In practice, only the national central banks of the zone physically issue and withdraw euro banknotes. The European Central Bank does not have a cash office and is not involved in any cash operations. 500 euro note The five hundred euro note (€500) is the highest-value euro banknote and was produced between the introduction of the euro (in its cash form) in 2002