Counterfit Euro Notes

Fewer Counterfit Euro Notes In Circulation

In the second half of 2018, over a quarter of a million counterfeit euro banknotes were withdrawn from circulation, according to European Central Bank data. As high as that is, it actually represents a noticeable decline on previous 6-month periods. Back in the second half of 2015 for example, 445,000 counterfeit notes were withdrawn, a number that has been falling ever since.

Broken down by denomination, €20 and €50 banknotes accounted for over 80 percent of those withdrawn. The ECB reported that the likelihood of actually receiving a counterfeit is small as the number remains very low compared to the number of genuine banknotes in circulation. Currently, there are 22 billion genuine notes in circulation with a value of approximately €1.2 trillion.

Description

This chart shows the number of counterfeit euro notes in circulation and breakdown by denomination.

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Quarterly value of euro banknotes in circulation 2002-2024, by denomination
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Counterfeit euro banknotes out of circulation in Europe and the world 2014-2019
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