Most of the fakes were dinar banknotes of 2000 dinars. Then banknotes of 1000 and 500 dinars. Expressed as a percentage, those three denominations together account for 89,50 percent of the total number of counterfeit cash detected in the same period
In the period from January to September this year, 1.305 counterfeit dinar banknotes were discovered in Serbia, and among them the most were 2.000 dinar banknotes, the National Bank of Serbia (NBS) announced.
Counterfeit money was discovered in the procedure of expertise of money that was received under the suspicion that it was a forgery. In the structure of discovered counterfeit cash banknotes, counterfeit banknotes of 2.000 (61,15 percent), 1.000 (16,70 percent) and 500 (11,65 percent) dinars have a dominant share, according to the report.
Expressed as a percentage, those three denominations together account for 89,50 percent of the total number of cash bank counterfeits detected in the same period.
Observed in the last 10 years, those three denominations are the most represented among the detected counterfeit dinar banknotes.
Photo: NBS
Out of a million original banknotes, 2,30 counterfeit ones were discovered
When viewed in terms of value, in the structure of detected forgeries of cash banknotes, the largest share is banknotes of denominations of 2.000 (76,65 percent) and 1.000 dinars (10,47 percent). Expressed as a percentage, those two denominations together account for 87,12 percent of counterfeit cash.
If you compare the detected counterfeit cash banknotes with the cash in circulation, it can be seen that 2,30 counterfeit cash banknotes were detected per one million original banknotes in circulation, that is, 4.974,46 dinars of counterfeit money were detected per one billion dinars in circulation.
In the period January-September 2023, 825 counterfeit banknotes of effective foreign currency were discovered in the procedure of expertise of banknotes received under suspicion of being forged. In the observed period, 498 counterfeit euro banknotes were discovered, most of which were in denominations of 200 and 100.
In the period January-September 2023, 235 pieces of counterfeit US dollars in the denomination of 100 were discovered. Otherwise, over the years, it is noticeable that among counterfeit US dollar bills, the dominant share is in the denomination of 100 dollars.
The most common dinar forgeries
Among the total of 2.130 pieces of counterfeit banknotes, which were discovered in the period January-September 2023, dinar counterfeits are the most represented.
In terms of the number of banknotes, the largest share of detected counterfeit domestic currency banknotes - 1.305 banknotes (pieces) or 61,27 percent, followed by 498 pieces of euro (23,38 percent), 324 pieces of US dollars (15,21 percent) and three pieces of other currencies (0,14 percent).
Out of a total of 16.300.420,19 dinars, what is the total nominal dinar equivalent value of counterfeits of all currencies, the dominant share of detected counterfeit euro banknotes is in the amount of 11.087.631,70 dinars (68,02 percent), followed by US dollars in the amount of 3.113.110,13 dinars (19,10 percent), domestic currency in the amount of 2.082.080,00 dinars (12,77 percent) and other currencies in the amount of 17.598,36 dinars (0,11 percent).
In June 2023, 100 euro coins in denominations of 50 cents, 1 and 2 euros were also examined, where it was determined that 23 pieces were counterfeits, namely 22 pieces of two euro denominations and one piece of one euro denomination.
ZS/N1
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