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
Fifth series of the new Taiwan dollar banknote counterfeiting concerns and possible confusion with the NT$100 banknote. NT$500 banknotes without the holographic stripe have been recalled and withdrawn from use on 1 August 2007. As of 1 October 2007, only the Bank of Taiwan (now the Central Bank of the Republic of China) accepts such notes. The obverse of the banknote features four children studying around a globe, symbolizing education. It is nicknamed 小朋友, "little children" (literally young friends) by the general public. The reverse of the banknote features the Mikado pheasant and Jade Mountain. First introduced on 3 July 2000, the banknote was found to have contained