The new €20 note is here!… With some serious security upgrades
When it comes to €20 notes we generally feel a sense of longing for the day when we can actually spend them. Payday is less than a week away for many of us. And the next time you head to ATM to make it rain you’ll be looking at a brand new note.
The ECB today unveiled the new €20 notes that will be entering circulation on 25 November.
So far, 4.3 billion of these new notes have been produced and they'll gradually replace the current €20 banknotes of the first series. Don’t fret thought because the old notes will still remain legal tender.
When we first laid eyes on the note we didn’t think were any major differences, but there are some subtle changes.
A new "portrait window" near the top of the hologram stripe becomes transparent when seen against the light. It reveals a portrait of Europa, who was in Greek mythology a woman of high lineage who the continent was named after.
"Cash was, is and will continue to be an important means of payment. The introduction of the new €20 banknote is tangible proof of this," said ECB Executive Board member Yves Mersch at the ECB's headquarters in Frankfurt today.
Compare the new and the old €20 banknotes: https://t.co/1sDLc6oCmZ . The new one In circulation tomorrow. pic.twitter.com/evcNO14Kxd
— EBF (@EBF_FBE) November 24, 2015
Like the new €5 and €10 bills, the €20 banknote has an emerald-coloured number that changes from green to blue depending on the angle from which you are looking at it.
The new €50 bill is set to go into circulation in 2017, the Bank of France reported in a separate press conference.