500 euro note rapidly so that in the first 7 years (up to December 2008) there were 530,064,413 five hundred euro banknotes in circulation. Subsequently, the rate of increase was radically slowed. In August 2018, there were approximately 515,000,000 banknotes in circulation (decreased from 614,000,000 in 2015). It is the second least widely circulated denomination, accounting for 2.4% of the total banknotes. It is the largest note measuring 160 × 82 mm and has a purple colour scheme. The five hundred euro banknotes depict bridges and arches/doorways in modern architecture (around the late 20th century). The five hundred euro note contains several complex
Euro issued euro banknotes on a joint basis. Euro banknotes do not show which central bank issued them. Eurosystem NCBs are required to accept euro banknotes put into circulation by other Eurosystem members and these banknotes are not repatriated. The ECB issues 8% of the total value of banknotes issued by the Eurosystem. In practice, the ECB's banknotes are put into circulation by the NCBs, thereby incurring matching liabilities vis-à-vis the ECB. These liabilities carry interest at the main refinancing rate of the ECB. The other 92% of euro banknotes are issued by the NCBs in proportion to their respective shares