American reacts to Secrets of the Euro
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- เผยแพร่เมื่อ 6 ก.ค. 2024
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American reacts to Secrets of the Euro
• Secrets of the Euro
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Chapters throughout the video
Intro 00:00
Reaction 00:54
Secrets of the Euro
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The zero euro note is meant to be a collectible. It has no financial value. 💵💰
Makes sense honestly
That's because it says 0😂
It can be bought online, and even one with JFK on it.
he said on the video that the zero euro note is a souvenir note.
Check your coins. At least here in Germany, you constantly find euro coins from other countries in your wallet.
But Germany is very central located which increases the probability, of course.
But its actually pretty cool. :D
That happens all over Europe. You can really see how the money travels. Sure, the most common coins are the ones of your neighbouring countries.
What I love about the coins is that every country have their own and some rare collectible design. And it's amazing to see how it circulate inside Europe hands to hands. For exemple, after watching your video I just checked : I have many spanish, german, and french coins with 1 collectible 2 euros coin that worth 10 euros today.
Funny, you never really notice it unless you set down and check. So a random sampling from my (German) wallet: 5 German coins, 2 Austrian, 1 French, 1 Cyprian, 1 Finnish, 1 Dutch, 1 Spanish. That Cyprian one was quite unexpected.
The euro banknotes are printed on pure cotton paper, which is noticeably different from normal paper.
The €500 notes was withdrawn as their greatest use was by criminals.
In 2002 I worked in a restaurant and I was constantly receiving €100, €200 and €500 notes,
several times a day, but today you rarely find them over €50 only if you go get a lot of money from the bank.
They do not mention another important characteristic of the notes, the notes are completely smooth with exception of those lines on the edges so people who are used to handling bills can identify some counterfeit bills just by the touch.
If you collect coins you will have a bad time, especially if you're one of those picky collectors, not only the coins are different from country to country, but a lot of countries do commemorative coins and even the coins in circulation have differences depending on the year they were issued, the design is constantly changing.
Imaginary bridge on every banknote. Until to one day in Netherlands when someone went crazy and build every single bridge from banknotes. So now they are real bridges.
When I was a student, I worked in a bank as a summer job... It's the only time I've seen the 200€ and 500€ bills, even the 100€ bills is quite rare. The 50€ is not rare but uncommon in my country as people tends to use debit card for large payment. Only 5€, 10€ and 20€ bills are common.
Istill have 200 and 500 notes in my rainyday box, havent opened it 6 years.
I'm pretty sure I never saw a €200 note.
When I was younger I loved looking at the back of coins when I was sent to pick up bread, it felt very special when I came upon another country's design. I remember trying to imagine how this german 2€ had landed in Normandie, picturing a german family in vacation or a trucker paying his coffee with pockets full of coins from differant crountries he had travelled across.
is a great idea to sell a 0 euro note to tourists and collectors. You get an official note with all security features but you can only sell it to collectors. Maybe you have a rare one with you then you make a profit. Or you can frame it and hang it on the wall. ;-)
Hi, Italian here, the ex 500 000 lira bill is 250 Euro
rough conversion rate from lire to euro is done by dividing 2000 (2000 lira is 1 Euro)
yeah easier to convert when we switched....french francs was 6,55 Francs for 1 euro.....
There's another thing that the video doesn't mention. In reality the banknotes aren't made of paper, in fact they're made of cotton fibres instead!
He has a video about the zero euro banknotes. It's really cool.
Totally recommend you 👌🏼
Denmark is easily, and I say, easily able to convert to EURO, as our economy is constantly on top of the asked for values, but we don't want to have to pay for the southern countries (We declined in a late vote), which haven't got the asked for discipline to keep up their economies to a reasonable standard. Greece changed to Euro and had a Feast until reality struck and they had to ask for huge, enormous loans from EU! Italy and Spain are known for absurd economies, so why should we leave our stable Kroner?
In Italy we didn't use cents... so we were using integer numbers. I miss Lire!
The Zero € was only for collectibles... or sort...
500€ notes (the purple ones) are often banned because of bad stuffs made with them they say.
But in fact most of the bad stuffs are made with 50€ notes...
I got a 500€ note as a collector in 2008, but I had to ask for it at a bank and sign a form. I have several 200€ too, but all of them are legal tender. Man, if you're in Finland right now, I feel impossible if not completely broke, that you haven't hold of a 100 euro banknote before, unless you live in a cashless society. Spain and Germany use lots of cash, in Spain because we're damn poor, and in Germany because they don't trust in electronic means of payment. For example my mom bought a piece of furniture last week, and paid with 3 bills of 100€ and some fifties.
5:15 that's an urban myth. The higest dollar note isn't the 100 US-$, there are also US$ 500, US$ 1000, US$ 10k and a US$ 100k note in existance - even though not all of them were given out to the public, they still have their value if you get one. The US$ isn't capped at 100.
When I worked at a gas station sometimes certain people would come in and try to pay for a chocolate bar with a 500€ note.
Good luck sir, I don’t think we have change for that 😅
Banks now no longer give you these bills, most €500 banknotes in circulation are counterfeit.
@@matraquilhochumbo352 yes this was before, and of course we would check the holograms and water marks meticulously before accepting one
@@tonikaihola5408 you dont have the pen? we had a pen that reacted with the ink if the banknote was fake.
@@matraquilhochumbo352 no pen, just UV lights and scanners
On the currency, and economic criteria, this was not taken into account in the EU, the introduction was a political decision.
The Europe for the Euro consisted of independent countries with their own economy and money, the problem was that in the north the countries had a strong economy compared to the southern countries within Europe, which is also reflected in the currency, the 500,000 lira does not just fall out of the sky.
If you combine a strong and weak economy into a shared economy then you get an average, the average will always be much lower than the previously strong economy, so for the Northern European countries it was an economic disaster.
For the southern countries, all of a sudden they had money that had real value, and someone who never had money and suddenly got rich is going to spend, all the money gone, a lot of debt and they are economically weak again
The euro was a disaster in the making.
There is even a zero Euro with JFK on it.
on many german gasstations is a sign that told you.please dont pay with 500 euro we cant handle it.
backside of coins is unique, not the front
🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺❤️❤️🇪🇺🇪🇺🇪🇺🇪🇺🇪🇺
E tambem aparece os açores e madeira de portugal so para saberes
Are you planning to react to some more geography now?
Most definitely
@@foreignreacts Maybe Hungary?Its one of the few not Indo-European countries in Europe.They are also related to the Finns
@@firebordfirebord2161 Yeah,Hungary would be cool
The 500€ note is 1100$
Where?
11:29 the €0 bill is especially for collecting purposes
This really should be considered an attachment to regular bank notes, like, add an extra 0 at the end: 10€ -> 100€. But then it would probably need to be noted as +0
Check out Canadian bank notes
Sweden did vote to not go in to the euro
So that’s wrong in the clip
Thanks for letting me know
It's not wrong. By joining the EU, Sweden was obliged to adopt Euros, because it didn't sign an opt-out agreement like UK or Denmark. So it must adopt Euros, but because people don't want to, they intentionally fail to meet the criteria. So the fact is that they still don't meet the criteria, so the video is true.
@@RaduRadonys
Thank you for letting the Swedish person know that he didn’t vote for or against that
You really put me in my place ..
(Sarcasm)
@@OlaLiljegren It doesn't matter what you voted, it matters that you are obliged to adopt Euros. Is that hard to understand?
@@RaduRadonys
No country is obliged to do that
Look at Britten
Denmark
Norway
And is doesn’t matter what the people vote?
I don’t know where you live
But in democratic countries
People’s vote matter
You probably live in a dictatorship
So I can understand the confusion
There are alsow 1000€ notes
🤯
No there aren't the biggest banknote is 500€ but nowardays has been removed, the maximum therefor is 200€.
Where and when ?
Non of the Euro countries issued a 1k note.
there are not
There was a 1000 DM banknote of the Deutsche Mark (German Mark).
For euros, 500 was the highest.
when I was a kid and my father brought a 500 or a 200 bill in his wallet at home I was asking him to see it cause it seemed really cool. haha
I think nowadays are impractical. If you wanna buy something expensive you use a card. People use up to 50 for everyday life. 100 is a bit more rare but it has a reason of existance for sure. Over 100 is debateable, although with this fucking inflation we will soon be needing the 500 euro bill for sure.