0 Euro - Capa D'Honras

The "0 Euro" souvenir note is a collector item with no legal tender status, issued under the EuroSouvenir program that launched around 2015 and has since produced hundreds of regional and thematic designs across Europe. Oberthur Fiduciaire prints these on genuine banknote paper with a watermark, which gives them a tactile authenticity that cheaper souvenir printing cannot replicate. The Capa D'Honras — a traditional Portuguese ceremonial academic cloak — is a reasonable subject for the format, given the program's heavy reliance on cultural and heritage themes to drive point-of-sale purchases at tourist locations.