The crisis triggers a 17% counterfeiting of EURO banknotes
A total of 413,000 counterfeit euro banknotes were withdrawn from the cycle in the first half of 2009, a figure that represents an increase of around 17% compared to the amount recovered in the previous six months, according to the European Central Bank (ECB). ) it's a statement.
The 20 euros bill was the most falsified in the first half of 2009 and represented 48.5% of the total counterfeit bills detected, followed by 50 euros (34%) and 100 euros (13.5%).
The least counterfeit bills were those of 5 and 500 euros, those of 10 euros (1%) and those of 200 euros (2%).
The sum of the three intermediate denominations (20, 50 and 100) represented more than 95% of the total false banknotes.
The majority of almost 98% of counterfeit banknotes withdrawn in the first semester of 2009 were detected in euro area countries, only around 1% in non-euro area EU Member States and less than in the euro area. 0.5% elsewhere in the world.
The ECB explains that no significant new types of counterfeiting were detected during the period under analysis, so that the increase is exclusively due to a wider distribution of the existing counterfeiting classes. The level of counterfeiting must be compared with the number of authentic euro banknotes in circulation (an average of 12,500 million during the first half of 2009).
However, the ECB advises citizens to remain vigilant in relation to the tickets they receive in cash transactions, since the more familiar they are with the properties and characteristics of authentic banknotes, the easier it will be to detect a counterfeit .
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The 20 euros bill was the most falsified in the first half of 2009 and represented 48.5% of the total counterfeit bills detected, followed by 50 euros (34%) and 100 euros (13.5%).
The least counterfeit bills were those of 5 and 500 euros, those of 10 euros (1%) and those of 200 euros (2%).
The sum of the three intermediate denominations (20, 50 and 100) represented more than 95% of the total false banknotes.
The majority of almost 98% of counterfeit banknotes withdrawn in the first semester of 2009 were detected in euro area countries, only around 1% in non-euro area EU Member States and less than in the euro area. 0.5% elsewhere in the world.
The ECB explains that no significant new types of counterfeiting were detected during the period under analysis, so that the increase is exclusively due to a wider distribution of the existing counterfeiting classes. The level of counterfeiting must be compared with the number of authentic euro banknotes in circulation (an average of 12,500 million during the first half of 2009).
However, the ECB advises citizens to remain vigilant in relation to the tickets they receive in cash transactions, since the more familiar they are with the properties and characteristics of authentic banknotes, the easier it will be to detect a counterfeit .
Related Posts:
Information about counterfeit note detectors
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The current economic crisis is putting further stress on the euro, to the extent that its survival as the common currency of the 17 member states of the eurozone is now being openly questioned.
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At Countermatic we are specialists in the sale of products dedicated to the identification of counterfeit money. We offer a wide range of counterfeit detection machines for cash handling establishments. -
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