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
Romania and the euro appropriate target year for ERM II-membership and euro adoption. As of March 2018, the scheduled date for euro adoption in Romania is 2024, according to Liviu Dragnea, head of the ruling Party of Social Democrats. To simplify future adjustments to ATMs after the adoption of the euro, when the Romanian new leu replaced the old leu in 2005 (at 10,000 old lei to 1 new leu) the new banknotes were the same physical dimensions as euro banknotes, except the 200 lei note, which had no euro size correspondent, and the 500 lei note, which was the same dimension as the