Page "Seigniorage" Paragraph 26

There is a banknote for 500 Latvian lats which is currently one of the most valuable notes in the world, as it is worth more than $ 1000, but it is unlikely to be accepted outside of Latvia.

Likewise, the 10000 Singapore dollar note is the most valuable, but is rarely used and unlikely to be accepted outside of Singapore.

Other currencies in Europe, like the British pound, and the Scandinavian currencies do not issue large value banknotes.

Iceland in particular has never needed much currency since electronic transactions are commonplace, and their population is small with over 60 % of the population living in one metropolitan area.

Their largest banknote is worth less than € 28.