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Banknotes out of circulation

Recently withdrawn banknotes

In recent weeks there have been some changes in the notes that we can accept. We tell you what they have been.

5 Pound paper note
5 Pound withdrawn banknote

 

5 Pound paper banknote

On May 5, the Bank of England withdrew the old 5 Pound paper note from circulation. In this way, the only 5 Pound note that is valid is the polymer one.

Since that day, we can no longer accept this banknote in our exchange offices, and it can only be exchanged at Bank of England branches.

More info

 

Swedish Kroner withdrawn banknotes
100 and 500 withdrawn Swedish Kroner banknotes

 

100 and 500 Swedish Kroner

In 2015 the Bank of Sweden issued a new series of banknotes to replace the previous ones. Since then, the old notes have gradually been withdrawn from circulation.

On 30th June 2017, the two remaining notes will be withdrawn, the 100 and the 500 Kroner. Although there are still weeks left, for reasons beyond Eurochange, we will not be able to continue accepting these notes in our exchange offices.

If you have some of these notes, you can still change them or use them in Sweden until the end of next month.

More info

 

Hungarian Forint withdrawn banknotes
2000 and 5000 Hungarian Forint withdrawn banknotes

 

2000 and 5000 Hungarian Forints

In 2014 the National Bank of Hungary also began with the task of renewing their banknotes of Hungarian Forint. In 2016 they issued the last notes of this new series: 2000 and 5000 Forints.

On 31st July 2017 the Bank will withdraw of circulation the old notes of 2000 and 5000 Forints, who will be the firsts to leave the circulation. As with the Swedish Kroner, for reasons beyond Eurochange, we will not be able to continue accepting these notes in our exchange offices. Although until their date of retirement you can change or spend them in Hungary.

More info

 

Buy your currency

Remember that if you are traveling and you need to buy foreign currency, you can come to our branches with the currency selling service available or you can buy your currencies online through our website.

And if you want to be aware of all the news, subscribe now to our blog and you will receive the latest news once a week.

We will wait for you!

Goodbye to the 5 Pound paper note

The old 5 Pounds paper note will be withdrawn on May 2017

As you know, since September 2016 there is a new 5 Pound banknote made of polymer. Well, now is the time to say goodbye to the old 5 Pound paper note.

Old 5 Pounds paper note

Withdrawal of circulation of the 5 Pound paper note

The old paper note will be legal tender until next May 5, 2017. From this day no payments will be accepted in the United Kingdom with the paper note and these notes will only can be exchanged in the Bank of England.

 

Why do we warn you so soon?

First of all, we want to alert you of the news.

As is often the case with notes withdrawn from circulation, for reasons beyond Eurochange, we may have to stop accepting these notes a few weeks before their official withdrawal. At the moment we don’t have a specific date, but we will inform you.

If you are traveling to the UK for the next two months, you can easily use any plastic or paper note. But bear in mind to your return that if you bring  5 Pound paper notes, you will have to hurry to change it so you don’t miss the deadline.

If you come on holidays form the UK to Spain, please try to bring only 5 Pound polymer notes in order to avoid any complications.

If you want to be informed of all news about foreign exchange or travel destinations, join our blog’s mailing list.

See you soon!

New 500 Polish Zlotys banknote

The new 500 Polish Zloty banknote is legal tender since February

On February 10 the National Bank of Poland has put into circulation a new note of 500 Polish Zloty. We tell you the details about this new note.

New 500 Polish Zlotys banknote

New bankonte of 500 Zlotys (PLN)

The new 500 Zlotys note is not only new for its design, but also for its amount, since to date there were no notes of denominations over 200 Zlotys.

This new denomination is manufactured to facilitate the cash payments of individuals and companies and to reduce costs of storage of money. The National Bank of Poland has been studying cash operations and has heard demand from users of larger notes. To give you an idea, 500 Zloty are equivalent to about 130 Euros.

 

Design of the new note

This new note belongs to the series "Polish rulers". On the obverse of the ticket appears the image of John III Sobieski in his coronation, in Century XVII. Next to the image of the King appears the coat of arms of his family and a helmet with iridescent painting. On the back, the Wilanów Palace appears next to the shield eagle of Poland.

The security measures of this note are the same as the 200 Zloty one. The National Bank of Poland has developed a new website to offer all the information about this new note: Narodowy Bank Polski

 

And if you want to know more about the Polish Zloty notes, visit our post: The Polish Zloty.

 

Remember that if you are traveling to Poland you will need to buy Polish Zlotys as they are the official currency of the country. In Eurochange you can buy them now at the best price.

See you soon!

The new 5 Pound banknote is already here

Have a look to the new polymer 5 Pounds note

A few weeks ago we told you how it would be the new 5 Pound note made of polymer. Since last Tuesday it is already in circulation.

New 5 Pound polymer note
New 5 Pounds banknote

 

Old and New banknotes

This new banknote in polymer will be safer, cleaner and more durable.

Therefore this material was choosen to start the manufacturing the new series of Pound banknotes. At the moment the old paper banknotes and the new ones in polymer will be legal tender and can be used in the same way. The Bank of England will withdraw the old banknotes progressively. In the early 2017 the old banknote of cotton will cease of having legal validity. From that moment the new banknote will be the only one legal tender and the old one will only be changed at the Bank of England. In Eurochange we will inform to our customers of the date when we will stop working with the old banknotes.

 

Banknotes in Pounds

With this new introduction, there are currently five Pounds banknotes. Two of 5 Pounds and 1 of 10, 20 and 50 Pounds that will be renewed progressively.

In all designs there is a common element, the picture of the Queen of England. And in the backs  British historical figures appear, as Winston Churchill featured on the new ticket or Elizabeth Fry, Charles Darwin, Adam Smith, Matthew Boulton and James Watt in the old banknotes.

 

British Pound rate (GBP)

On our website you can check the rate of the Pound updated daily. In addition, you can buy your Pounds at the best price or make a reservation for pick up at our offices.

And if what you need is to change Pounds to Euros, you can do so at any of our offices at the moment and no waiting. Make your reservation now.

New Currency: The Icelandic Krona

Now you can exchange your Icelandic Kronas with the best rates

As you know, in Eurochange we try to adapt our supply of foreign exchange to the requests of our customers. So after the requests that you have made of Icelandic Krona, we have this currency available. If you’re  traveling  to discover the “Land of Ice” do not miss this post.

Svartifoss Waterfall - Iceland
Svartifoss Waterfall – Iceland

 

The Icelandic Krona

The Icelandic Krona is the oficial currency of Iceland. its ISO code is ISK 4217 and is abbreviated with the letters kr. Each Krona is divided into 100 aurar, but currently the smallest unit is 1 Krona.

 

History

The first Krona who arrived in Iceland was the same that was used in Norway, Sweden and Denmark because Iceland was a Danish territory. In  the World War I this monetary union was dissolved and Iceland seceded from Denmark. The first Icelandic Kronas were minted in 1922.

 

Banknotes  and Coins

Icelandic Krona banknotes are 500, 1000, 2000, 5000 and 10000 Krona. Each of the names is dedicated to an important figure in Icelandic culture and tradition. As the writer Jónas Hallgrímsson; Ragnheidur Jónsdóttir, third wife of Bishop Gísli Þorláksson; the painter Jóhannes S. Kjarval; Brynjólfur Bishop Sveinsson or Jón Sigurðsson, leader of the Icelandic independence movement in the Nineteenth Century.

The Icelandic Krona coins are 1, 5, 1.0, 50 and 100 Kronas. A bull, a faucet, a dragon and a giant: in the reverse these four guardian spirits of Iceland appear. And on the cross appear different species of typical marine animals.

On the website of the Central Bank of Iceland you can see how  are the coins and currency notes.

 

Icelandic Krona rate

If you are traveling to Iceland and need to buy Icelandic Kronas, on our website you can see the rate daily updated. And you can ask an order of  the Crowns you need and receive them within 48-72 hours.

If  when you return you need to change your spare Crowns back to Euros, you can change them at any of our offices.

Have a good trip!

New banknote of 5 Australian dollars

The new 5 Australian Dollars note has arrived

Since last September 1st a new note of 5 Australian Dollars is circulating.

Design of the new 5 AUD banknote
New 5 Australian Dollars note

 

New series

This is the first banknote that is emitted from the new series. The 5 banknote of Auatralian Dollars  has entered into circulation this month and 10 Dollars note is expected to do it in 2017. Other denominations will be progressively issued.

At the moment the two series will coexist in circulation.

 

New design

The new Australian Dollar 5 note design keeps the portrait of Queen Elizabeth II, but incorporates new elements. On the back, an image of the New Parliament Building with the courtyard and its mosaic. In the transparent strip that crosses the ticket from top to bottom, appear species of typical plants and birds of the country.

 

Security measures

The Australian Dollar is one of the most reliable world currencies and their security measures are maintained to keep it that way:

     · Several holograms and iridescent paints that change their colors by turning

     · Transparent window

     · Relief painting

     · Microscopic painting

 

Improvements for the visually impaired

The new banknote  will include a new measure to help people with vision problems. This is an embossed mark and it is included by the first time in an Australian banknote. In addition, the above measures to improve the identification of the note still exist: bright colors, high contrast colors and sizes for each note.

On the website of the Reserve Bank of Australia you can find more information about this new banknote.

If you need to buy Australian Dollars in  Eurochange you will find  the best price. You can make your order online now and receive  them at home in 48-72 hours.

Have a good trip!

The 500 Euros banknote

Information about the 500 Euros banknote

From putting them into circulation int he year 2002, the denominations of the banknotes in euros have been of 5, 10, 20, 50, 100, 200 and 500 Euros. However from a time ago there is a speculation about the possibility of removing of the circulation the banknote with the higest value, the 500  Euros banknote.

500 Euros banknotes
500 Euros banknotes

 

Why removing the 500 Euros banknote?

The main reason to remove the 500 Euros note is that it is considered that its use is criminal, that is, it is used to whiten the money and  to finance the terrorism. For this reason there were those who thought that should be removed immediately and replaced by banknotes of 100 and 200 Euros and there were those who believed that the change must be more progressive.

 

The end of the  500 Euros banknotes

The European Central Bank announced last May that the new Europa serie will not have 500 Euros banknotes. From this serie it will be manufactured the rest of denominations: 5, 10, 20, 50, 100 and 200.

The new banknotes of 100 and 200 will be issued at the end of 2018 and in that moment they will cease to issue  500 banknotes of today.

Although they cease to issue, the current 500 Euros notes will remain legal tender for an unlimited period like the rest of denominations of the first series of Euros.

The Brazilian Real

Information about the Brazilian Real, official currency of Brazil

On Friday, August 5th, the Rio de Janeiro Olympic Games will start. If you are one of the lucky ones that will travel to Brasil to enjoy the Games or you just will visit this amazing country, don’t miss out on this post about their currency, the Brazilian Real.

Brazilian Real banknotes
Brazilian Real notes

 

The Brazilian Real

The Brazilian Real is the legal tender in Brazil. Its ISO 4217 code is BRL and its symbol is R $. Each Real is divided into 100 cents.

 

History

The Real was the currency used until 1942, between 1942 and 1994 there were large fluctuations in the Brazilian economy so several different currencies followed (like Cruzeiros and Cruzados that are not valid nowadays). In 1994 they returned to take the Real as its official currency in a plan that sought to curb inflation suffered for three decades.

 

Notes and coins

Brazilian Real banknotes are 2, 5, 10, 20, 50 and 100 reais. Currently there are two sets of notes and the two are legal tender so far. On the front of the banknotes there is an image of the Effigy of the Republic, on the back of the banknotes you can see images of some representatives of the Brazilian fauna: a sea turtle, the grear egret, the red macaw, the golden lion tamarind, the jaguar and grouper fish.

Brazilian Real coins also have two series. The first series is still legal tender and the amounts are 1, 5, 10, 25 and 50 cents. In the second series the currencies of these amounts were renovated and added the 1 Real.

You cn have a look to the notes and coins on the site of the Brazilian Central Bank: first series notessecond series notes, first series coins and second series coins.

 

Brazilian Real Rate – BRL

On our rate chart you can check the rate of the Brazilian Real daily updated. You can also make a reservation if we have this currency in stock or you can directly buy the currencies online and you will receive them at home in 48 hours.

South African Rand

Information about the currency of South Africa, the South African Rand

The Rand is the official currency of South Africa, Swaziland and Lesotho (which form a common currency space) and although Namibia is separated from this union, the Rand remains legal tender there. Its ISO code 7214 is ZAR and is represented by “R” symbol. Each Rand is divided into 100 cents.

Banknotes of South African Rand
Notes of Southafrican Rand

 

History

The rand was introduced in 1961, the same year that the Republic of South Africa was proclaimed to replace the South African pound. In the beginning, the Rand had a higher value than the dollar, but suffered a major devaluation and has not come to be equated to its value at the time.

 

Notes and coins

South African Rand notes are 10, 20, 50, 100 and 200 Rand. They are issued by the South African Bank Note Company (SABNC) along with the Federal Bank of South Africa. In the front of the banknotes shows images of “the big 5“, the five most representative mammals of Africa: rhino, elephant, lion, buffalo and leopard. On the back of all the bank notes is the image of Nelson Mandela.

South African Rand coins are 1, 2, 5, 10, 20 and 50 cents and 1, 2 and 5 Rand. They are issued by the South African Mint, who depends on the Federal Bank. On the coins different species of flora and fauna appear.

 

South African Rand rate (ZAR)

If you need to exchange your Rand, you can check our daily updated rate of the Rand on our website. Moreover, you will be able to order your Rands and collect them from your nearest collection branch or to choose home delivery.

Have a nice trip!

New 50 euros banknote

The European Central Bank has launched of the new note of 50 Euros

The European Central Bank has launched this week the design of the new note of 50 Euros from the Europa Series. We show you how is going to be.

Front of the new 50 EUR note

Back of the 50 Euros new banknote
New 50 Euros banknote

 

Europa series

The new note of 50 Euros has a design similar to its predecessors in this series

(banknotes 5 €, 10 € and 20 €):

– Printing embossed on the side

– The silver band with holograms

– The semi-transparent window

– The amount printing with metallic emerald green ink

 

Validity

The new banknotes of 50 Euros will come into force in early 2017. The exact date is yet to be determined.

By the time the new series will coexist with the old that will be phased out. It is not specific date foreseen withdrawal of the previous series.

 

More information

If you want to know everything about the new note, the European Central Bank has set up a page so that you have all the information: Ecb Europa

 

Euro rate

If you are traveling to Spain and you need to change your currency to Euros, on our website you can check the exchange rate updated daily. You can also make a reservation to have your Euros available upon arrival.

Thai Baht

If you are going to travel to Thailand, read this post

Thailand is one of the most important tourist destinations in Asia. Its offer is very extensive as an exotic destination, with beaches and nature, and also with a country where the traveler finds an amazing culture, tradition and gastronomy. If you are planning a trip to Thailand, don't miss this post to learn a little more about your currency. It will be very useful to get to know you before the trip.

Thai Baht banknotes

Thai Baht

The Thai Baht is the official currency of Thailand. Its ISO 4217 code is THB and its symbol is ฿. Each Baht is divided into 100 satang.

History

The baht was introduced in 1897 to replace other currencies that were based their value with weight. In thai the word baht is a unit of weight, as can be a kilo or a pound.

Until 1910 there coexisted with coins of the decimal system with the former older coins and from that year they started to issue only the Baht that we know today.

Notes and coins

Baht banknotes are 20, 50, 100, 500 and 1000 Baht. In the front of the banknotes appears a picture of King Rama IX and on the back are images of previous kings.

Baht coins are 25 and 50 satang and 1, 2, 5 and 10 Baht. The King Rama IX appears on the heads of the coin and on the tails appears different temples of the country.

On the website of the Bank of Thailand you can check the legal tender notes and coins. 

Thai Baht rate

On our website you can see the daily rate of the Thai Baht. You can also buy the Thai Baht that you need for your trip or make a reservation for your nearest office if we have availability. In addition, on your return you will be able to change the leftover notes in Baht again to Euros in any of our offices. If you want to know a little more about Thailand, we invite you to read our post "5 interesting facts about Thailand".

Enjoy your trip!

New 5 Pound note

This is the design of the new 5 Pounds polymer note

Yesterday the Bank of England unveiled the new design of the 5 Pound note. It will be the first British note that will be printed on polymer instead of paper and will be released on September 13th of this year.

Design of the new polymer 5 Pound note

New material

As we explained in a previous post about the new polymer 5 Pound note, this material is cleaner and resistent and can incorporate new security features which will make them more difficult to counterfeit.

In addition, the new 10 and 20 Pounds polymer notes will include a relief stippling to help blind people to identify the notes. The 5 Pound can be distinguished by the absence of this feature.

New image

On the front of the note the image of the Queen of England appears, like on the notes we already have. On the back is a tribute to the Prime Minister and Nobel Prize winner for Literature Winston Churchill.

The old banknotes

At first the old 5 Pound notes will coexist with the new ones in circulation. From May of 2017 the old notes will no longer be valid and will only the new polymer banknotes will be legal tender, but until then we will continue to use them as normal.

Exchange Pounds to Euros

If you come to Spain and you need to exchange your Pounds to Euros, you can do so at any of our Exchange offices where we will give you the best price without minimum or commissions. Make a reservation right now.

If you live in Spain and want to buy Pounds for your visits to the UK, you can also do it in our Exchange offices with currency sales service or through our website. Buy now your Pounds.

Have a good trip!

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