Euro banknotes entered circulation on 23 September 2014. The full design of the Europa series 20 euro banknote was revealed on 24 February 2015, On 4 May 2016, the European Central Bank announced that the Europa series 500 euro banknote would not be released, due to fears of "facilitating the criminal activity". The old series will gradually be withdrawn. The ECB will announce "well in advance" when the old notes will lose their legal tender status. However, they will not lose their value and it will be possible to exchange them for new notes at Eurosystem central banks indefinitely. "A good design
Dutch euro coins Royal Dutch Mint presented the new design to the public on 31 October 2013 and began releasing them into circulation in early 2014.(see ). Production of the new coins commenced on 22 January 2014. The first coins were released into circulation the next day. Dutch euro coins Dutch euro coins currently use two designs by Erwin Olaf, both of which feature a portrait of King Willem-Alexander of the Netherlands. The new designs began circulating in 2014. Dutch Euro coins minted from 1999 to 2013 feature a portrait of Queen Beatrix designed by Bruno Ninaber van Eyben. All coins share the