The 50 euro banknote dominates circulation with almost half of the total in the Eurozone

The 50 euro banknote dominates circulation with almost half of the total in the Eurozone
Foto Guatelli (NEWPRESS)

The 50 euro banknote is by far the most widespread and represents almost half of the entire volume of banknotes in circulation in the Eurozone.

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According to official statistics from the European Central Bank (ECB), the percentage distribution of the number of banknotes in circulation for each denomination out of the total is as follows:
5 euro: 7.4% of total notes
10 euro: 10.2%
20 euro: 16.0%
50 euro: 49.2%
100 euro: 13.8%
200 euro: 2.7%
500 euro: 0.7%.

Total value in circulation banknotes by denomination


While small denominations (5 and 10 euros) are used for microtransactions and wear out quickly, denominations from 50 euros upwards represent the true store of value of European cash.
5 euro: 10.7 billion euros (0.7% of total value)
10 euro: 30.1 (1.9%)
20 euro: 96.0 (6.0%)
50 euro: 731.6 (45.5%)
100 euro: 402.3 (25.0%)
200 euro: 172.8 (10.8%)
500 euro: ~163.9 (10.2%)

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These are the characteristics of the various banknotes

The 5 euro banknote is the small denomination, highly worn; the 10 euro is very common for daily microtransactions, the 20 euro is the second most widespread denomination for ATM withdrawals.

The 50 euro banknote is the backbone of European cash while the 100 euro is growing strongly, used as a store of value, while the 200 euro is the least common active denomination on the market.

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