2009年-ECB欧洲央行_Letter_from_the_ECB_President_to_MrJim_Higgins_Member_of_the_European_Parliament_concerning_the_ECBs_considerations_on_issuing_a_€30_banknote_1页_92kb

ECB Summary on the Consideration of Issuing a €30 Banknote

Core Content

The European Central Bank (ECB) has addressed a question regarding the potential issuance of a €30 banknote, raised by Mr. Jim Higgins, a Member of the European Parliament. The response was provided by Jean-Claude Trichet, the then President of the ECB, in a letter dated 20 October 2009.

Main Points

• Denomination Sequence Decision: In November 1994, the Council of the European Monetary Institute (EMI), which was the ECB's predecessor, established the denomination sequence for the seven euro banknote denominations as 1:2:5. This sequence includes €10 and €100; €20 and €200; and €5, €50, and €500.

• Alignment with Global Standards: The chosen sequence aligns with the common denominational split used in most of the world's currencies. It also corresponds to the sequence of the euro coins, which are structured in a similar 1:2.5:5 pattern across different coin denominations.

• Alternative Sequences: Some countries have used or continue to use alternative denomination sequences, such as 1:2.5:5, as seen in the Netherlands with its former guilder. However, no country currently uses a sequence like 3:30:300.

• ECB's Position: The ECB has not considered issuing a €30 banknote. Its approach to the denominational split of euro banknotes remains unchanged since the 1994 decision.

Key Information

• Date of Communication: The question was communicated to the ECB on 8 October 2009 by Ms. Bowles, Chairperson of the ECON committee.

• Document Reference: The letter is labeled as L/JCT/09/1556.

• Recipient: Mr. Jim Higgins, a Member of the European Parliament.

• Location: The letter was sent from Frankfurt, Germany.

Conclusion

The ECB maintains its original denomination sequence for euro banknotes, which was established in 1994 and has not been reconsidered. A €30 banknote is not part of this sequence and, therefore, is not under consideration for issuance. The decision reflects a consistent approach to monetary design and aligns with global practices and the structure of euro coins.