Posts: 1,649. I know that they've phased out the issuance of €500 notes in the UK because they were being almost exclusively used for criminal purposes (smuggling money, mainly). For the simple reason that they might not be able to reuse it again, a bank or bureau de change might be reluctant to break it up for you.
The 500-euro bill is decorated with images of 20th century architecture.Image: Fotolia/ProMotion. Mo money, mo problems. Indeed, most Europeans won't notice (or care) when the 500-euro note Travel to Europe. To exchange your money for Euros before you travel, you may be tempted to use traditional banks or airport bureaux de change. Be aware that they always charge high commissions and apply very weak exchange rates. Alternatively, you can use Revolut 's currency exchange feature to buy Euros near or at the real exchange rate. The future of the 500-euro bank note, the highest denomination currency unit issued by the European Union, is coming into question, particularly by law enforcement. Your bank's ATM network is likely the best option. You may be able to withdraw cash in the local currency with competitive exchange rates and low fees (1% to 3%). Use your institution’s app toVery roughly determine what the unit of currency (euros, kroner, Swiss francs, or whatever) is worth in American dollars. For example, let's say the exchange rate is €1 = $1.10. If a strudel costs €5, then it costs five times $1.10, or $5.50. Ten euros, at this rate, would be about $11, and €250 = $275 (figure 250 plus about one-tenth more).The security thread is embedded in the banknote paper. Hold the 500 Euro note against the light – the thread will appear as a dark stripe. The word “EURO” and the value can be seen in tiny letters on the stripe. Hold the note against the light. Can I use 500 euro note in Germany? The last of Europe’s central banks have stopped issuing On 1 January 1999, 11 EU countries launched the euro as their new common currency. The euro was initially an electronic currency, with euro banknotes and coins being introduced three years later. Today, the euro is the currency of 20 EU countries and about 350 million people. It is one of the most important currencies in the world and here at 1. Don’t try a shop or a boutique. Unless you are planning to buy a Dior accessory, no small business will take it. 2. Don’t think you can buy a bunch of métro carnets and a couple of Passe Navigo Découverte with it. Métro station personnel don’t carry much cash and chances are you’ll be using a machine to buy your tickets. 71yt.