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The number of counterfeit euro banknotes since 2002 has not been this low

2020-01-24T14:55:09.469Z

The ratio between the number of counterfeit euro notes detected and the number of genuine notes has not been as low since 2002 as it is now. The European Central Bank (ECB) reports this on Friday.



The ratio between the number of counterfeit euro notes detected and the number of genuine notes has not been as low since 2002 as it is now. The European Central Bank (ECB) reports this on Friday.

Since 2003 there has been a peak in the ratio between the number of counterfeits and the number of genuine euro banknotes. Sixty counterfeits were discovered per million real notes.

In the meantime, the number of counterfeits discovered has fallen further to a historically low point: 23 counterfeits per million banknotes. The decrease is also noticeable in the Netherlands: the forgery has been at the same level for two years in a row. Both in 2018 and 2019 a total of 38,900 counterfeit notes were intercepted in our country.

The most counterfeit notes are notes of 20 and 50 euros. Although the number of counterfeit euro notes found is stable, the share of 'low quality' counterfeits is increasing. Euro notes can be easily checked by checking the security features. Examples are the watermark and the tactile ink.

Source: nunl

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