The five euro note (€5) is the lowest value euro banknote and has been used since the introduction of the euro (in its cash form) in 2002.[9] The note is used in the 25 countries which have it as their sole currency (with 23 legally adopting it); with a population of about 343 million.[10] In June 2020, there were approximately 1,959,000,000 five euro banknotes in circulation around the eurozone.