200 Euro Counterfeit Notes

200 Euro Counterfeit Notes

200 Euro Counterfeit Notes ,The European Central Bank’s annual report on counterfeit euro bank notes issued on Jan. 29 included the comment that the “number of counterfeit euro banknotes remains low in 2023.” Around 467,000 counterfeit euro bank notes were withdrawn by banks from circulation in 2023, which translates to 16 counterfeits detected per every million genuine bank notes in circulation. The ECB indicates this is one of the smallest proportions since the introduction of euro banknotes on Jan. 1, 2002.

Despite the small proportion of fakes to genuine, the actual number of counterfeits increased compared to the number in 2022 because the number of counterfeits that year was exceptionally low following the COVID-19 pandemic. Still, the number of counterfeits found in 2023 was lower than in the years preceding the pandemic.

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