Why do they issue zero euro banknotes in the world
Categories: World
By Pictolic https://pictolic.com/article/why-do-they-issue-zero-euro-banknotes-in-the-world.htmlIt is known that zero is nothing, empty, and therefore you can't buy anything for zero rubles, dollars or euros. Nevertheless, a bill with a nominal value of zero euros is issued and it is not some kind of craft from a joke store, but real money on high-quality paper, with watermarks and all the necessary degrees of protection. You will not be able to pay with this money, but this does not mean that the bill is worth nothing.
Now in the European Union, banknotes are issued in face value 5, 10, 20, 50, 100, 200 euro. Once there was also a 500 euro banknote, but it was withdrawn from production as unnecessary. And in addition, in many countries of the world they print souvenir zero euros, which are not accepted for payment, but, nevertheless, they consider real money.
Unusual banknotes appeared relatively recently — in 2015. There was an agreement between the banks not to consider zero euros as a means of payment, but at the same time to preserve all the signs of real money in them, as well as to ensure their protectorate and international recognition.
Thus, zero euros have become the strangest money on the planet. They are allowed to be produced by any country in the world, with an arbitrary design, but preserving important features of the euro. Thanks to this, banknotes with a very unusual and spectacular design appeared, which are in great demand both among tourists and collectors. And of course, China immediately became the world leader in the production of such souvenirs, annually issuing several types of banknotes.
Despite the modest denomination (or rather, its complete absence), these bills can be quite expensive. The easiest way to buy zero euros is to find a souvenir in an online store. Especially rare copies are often put up for auctions and their price can reach several hundred real full-fledged euros or dollars!
Money has long ceased to be only a means of payment. They can even inspire artists and sculptors, as happened with the American Paul Russo, who creates huge compositions from specially made dollars for this purpose.
Keywords: Money | European union | Protection | Banknotes | Payment | Printing
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