Euro Matters – the European Central Bank Podcast cover image

All you need to know about euro banknotes

Euro Matters – the European Central Bank Podcast

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Do You Know if You Have a Fake Bank Note?

The process of checking whether a bank note is real or not. 12 counter per one million issued bank notes were detected in circulation in the year two thousand 21, which is the lowest value in the history of the common currency. All across europe, we had 300, forty seven thousand counterfeits in the year. Now that may sound a big number, but you have to imagine the number of genuine notes out there. And on that relation, we can say that the level of counterfeiting is really, really low. But always good to be vigilant.

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