The distribution of counterfeits across denominations in 2020 was as follows. This means the likelihood of coming into contact with counterfeit money is still remote, Mr Beermann said. Statistically speaking, there were around seven counterfeit banknotes for every 10,000 inhabitants per year. It even has the words “movie money” printed on the obverse or “prop copy” on the reverse.įake €10 and €20 banknotes accounted for 46% of the overall volume of counterfeits last year, up from 34% in 2019. This imitation “movie money”, as it is known, can be bought online as a prop for film and theatre productions and often comes from Asia. In the past year, there has been a marked rise in the number of counterfeit €10 and €20 notes among the total figure,” said Johannes Beermann, the Executive Board member whose remit includes cash management, explaining that counterfeits with no security features were particularly responsible for this increase. ![]() “In 2019, the most frequently counterfeited denomination was the €50 banknote. The number of counterfeits thus rose by 6.5% on the year, while the nominal value of the banknotes seized fell by 14.3%. ![]() Police authorities, retailers and banks in Germany removed from circulation just over 58,800 counterfeit euro banknotes worth a nominal €2.9 million overall. The Bundesbank registered more counterfeits in 2020 than in the previous year.
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