Redesign of the Euro by 2024 Aims to Connect Europeans With Banknotes

In connecting Europeans with authentic and stable banknotes, European Central Bank will redesign euro banknotes.

Euro (€) is the official currency of the European Union, with 19 of the 27 member states using it.

The euro is the second-highest used currency with the highest coins and banknotes combined, following the US dollar.

The European Central Bank (ECB) is in charge of the euro. The ECB has the sole authority over the monetary policy. It also works along with the other Central Banks in the Eurozone. Especially in printing, it is minting and distributing euro notes and coins around the Eurozone. 

“After 20 years, it’s time to review the look of our banknotes to make them more relatable to Europeans of all ages and backgrounds.”

Making an announcement last week, ECB anno...

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