Published: 03.01.2019

As of 27 January 2019, 17 of the 19 national central banks in the euro area will no longer issue €500 banknotes. In order to ensure a smooth transition and for logistical reasons, the Deutsche Bundesbank and the Oesterreichische Nationalbank will continue issuing the notes until 26 April 2019 (inclusive).

Existing €500 banknotes will continue to be legal tender, so you can still use them as a means of payment and store of value (i.e. spend and save them). Similarly, banks, bureaux de change and other commercial parties can keep recirculating the existing €500 notes.

Like all denominations of euro banknotes, the €500 note will always retain its value and can be exchanged at a national central bank of the euro area at any time.

500 euro banknote will no longer be issued

Information for users of statistics

Information that contributes to a better understanding of the statistical data as well as to learning more about Latvijas Banka's planned statistical activities and the prepared statistics by familiarising oneself with the statistical programmes.

Read more

Latest News

19.05.2025

Latvijas Banka has developed guidelines for managing the risk of financial fraud

Latvijas Banka, in cooperation with the Finance Latvia Association,...
19.05.2025

A single square centimetre of Latvian earth, cast into a gold coin

On Thursday, 22 May, Latvijas Banka is issuing a gold collector...
15.05.2025

Students are invited to submit their papers for the Competition of Student Scientific Research Papers

As of today, the students of higher education institutions established...
14.05.2025

Working paper: A Short Drop or a Sudden Stop? Sanctions, Trade Shocks, and Firms’ Adjustment Margins

Working paper 3/2025
13.05.2025

On the performance of Latvijas Banka in 2024

The Council of Latvijas Banka has approved the Annual Report of...
22.04.2025

Changes to the Coin Programme

Latvijas Banka has decided to amend the 2025 coin issuance programme...
15.04.2025

The coin "Cabbage" becomes Latvia's Coin of the Year 2024

The cleverly-designed collector coin "Cabbage" was announced Latvia's...
11.04.2025

The first non-bank payment service provider has joined Latvijas Banka's payment system EKS

The first non-bank payment service provider has joined the Electronic...
02.04.2025

Latvijas Banka is issuing insurance licences to AS Sincera Insurance

On 2 April, the Supervision Committee of Latvijas Banka decided...
01.04.2025

The value of counterfeits decreased by a third in 2024

In 2024, 1304 counterfeit euro banknotes and coins were detected...
01.04.2025

Mandatory payee verification: the next step in enhancing security

In an era where digital payments have become integral to daily life,...
01.04.2025

The digital euro project: latest developments and public opinion

Recent geopolitical developments have intensified the debate on the...