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<p>[QUOTE=&quot;chrisild, post: 1245745, member: 39&quot;]Uh, here in the euro area we do not really &quot;need&quot; or use them in everyday life. The €500 note (with a value in USD that has been fluctuating between about $420 and $800, and is currently at $715) is primarily used for putting money aside. I am not talking about any criminal activity (which such notes, like other denominations, are of course used for as well), but about people who want to have cash maybe because they do not trust banks that much. In everyday transactions, however, such notes do not play a significant role, and they (particularly €200 and €500) are frowned upon at many places.</p><p><br /></p><p>By the way, Switzerland has a 1,000 CHF note. Current value is about €880 or $1,260. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> Do they &quot;need&quot; the denomination? In any case, I do not think it is a good argument to say that &quot;country A needs such high value notes because country B has them too&quot;. Saying that people (business, consumers) want them would be much better - but frankly, I have my doubts about that.</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>

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