500 euro note 26 April 2019. “Authorities increasingly suspect that they (€500 notes) are being used for illegal purposes, an argument that we can no longer ignore,” according to a high-ranking bank official, Benoît Cœuré. The euro was founded on 1 January 1999, when it became the currency of over 300 million people in Europe. For the first three years of its existence it was an invisible currency, only used in accountancy. Euro cash was not introduced until 1 January 2002, when it replaced the national banknotes and coins of the countries in eurozone 12, such as the Luxembourgish franc. Slovenia joined the
Language and the euro but the euro is popularly used, particularly by individuals wanting to convert their savings into a more stable currency. "Euro" has colloquially been pronounced in the English fashion since its inception. In response to criticism of the widespread English pronunciation of "euro", the Turkish Language Association officially introduced "avro" into Turkish ("av" being the first syllable of the Turkish word for Europe, "Avrupa") in 1998. A concerted campaign by the Turkish Language Association has begun to blossom in recent years, with most sections of the Turkish media now using the new word. It has yet to enter widespread colloquial use,