Baron de Coubertin designed the Olympic Flag in 1913-14. It has five interlocking rings (blue, yellow, black, green and red) on a white background. The ring's colours were based on the knowledge that at least one of these colours is on every flag of each participating country. The five interlocking rings represent the union of the five continents and the meeting of the athletes of the world at the Olympic Game.
The Olympic Flag was used for the first time in the 7th Olympiad in Antwerp, Belgium in 1920. It is paraded during the opening ceremony of each Game. At the end of the Games, the Olympic Flag is presented to the next host city by the Games host city. www.cooyu.net