According to the Bank of Spain, the largest of Eurobonds in net decline last May only 10.6 million remained in circulation; currency Only, dropped 1.8% in just one month and 22% in one year.
In Spain, a country their broadcast has been discontinued tickets 5 billion 300 million euros in circulation in 500 banknotes in 2019Compared to 6.8 billion in May 2022.
Certainly, remain as legal tender but in 2016 they were convicted, as the European Central Bank loaded them with their cross that could be used for criminal or illegal activities and agreed to stop producing them.
They are also impractical for everyday life due to their value and difficult to ’embed’. In this context, it should be noted that They can be changed at any time and at any bank branch.. In order to prevent money laundering in these offices, after the validity of the bills is checked and the delivery person is determined, there will be no obstacle to buying smaller bills of the same value.