You may have seen colorful options for new euro banknotes online and perhaps even chosen your favorite design. But these are not final samples, only part of a long update process. The European Central Bank (ECB) is indeed preparing a redesign, but it will take several more years before new money appears in wallets. The current stage is one where everyone can share their opinion.
The process of updating the euro banknote design, the first since their introduction in 2002, has moved to the public consultation stage. The ECB presented ten shortlisted design options and launched an online survey, which will last until September 21, 2026.
Why is the design being changed at all?
Updating banknotes is standard practice for central banks worldwide, happening approximately every 10-15 years. There are several main reasons for this:
Security. The main goal is to stay one step ahead of counterfeiters. New technologies allow for the implementation of more complex and reliable security features.
Durability and environmental friendliness. The ECB wants to make banknotes more resistant to wear and tear and reduce their environmental impact.
Inclusivity. The new design should be convenient for all Europeans, especially for people with visual impairments.
Relevance. In over 20 years, European society has changed, so the new banknotes should reflect modern values and be understandable to citizens of all eurozone countries.
Which themes won the vote?
After consulting with experts and the public, the ECB chose two main themes for the competition projects. Over 1200 designers participated in the competition, with 25 reaching the final stage.
The chosen themes:
"European Culture" — this theme aims to showcase Europe's rich cultural heritage and values. Designs may include architectural landmarks, works of art, and symbolic images that unite Europeans.
"Rivers and Birds" — rivers symbolize the connection between countries and people, and birds represent freedom, resilience, and the absence of borders. This theme also highlights the connection of Europeans with nature.
Based on these two concepts, 10 design options were created, for which a vote is now being proposed.
What happens next and when to expect new money?
The public online survey is an important, but not the final, stage. Here's how the process will look:
Public voting. Until September 21, 2026, everyone can participate in the online survey on the ECB website and share their preferences.
Governing Council decision. The final decision on the new design will be made by the ECB's Governing Council around 2026. It will be based on the results of the public survey, a parallel survey of a representative sample, and the recommendations of an expert jury.
Refinement and production. After the design is approved, it will take several more years for technical refinement, testing, and production launch.
Introduction into circulation. New banknotes will gradually appear in circulation, denomination by denomination. There is no exact date yet, but the first updated notes are expected to reach our wallets no earlier than 2029-2030.
Don't worry, the old banknotes will not lose their validity. They will remain legal tender and will be gradually withdrawn from circulation as they naturally wear out.
