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New €10 note enters circulation from today

The ECB said the new note has a number of enhanced security features
The ECB said the new note has a number of enhanced security features

A new €10 note has entered circulation today.

The European Central Bank has said the new note has a number of enhanced security features, including a new watermark and a hologram.

As the new notes come into circulation, central banks around the eurozone will begin to remove the older currency.

The new €10 note will circulate alongside the existing €10 note and there will be no change to the status of existing €10 notes, which will remain legal tender.

The new note is the second in the "Europa series" of banknotes, following the introduction of the new €5 note in May 2013.

ECB figures show that the total number of €10 banknotes in circulation in the euro area was €2.1bn at the end of August 2014.

A total of 16.6 billion banknotes are in circulation with a €971bn face value.