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The Association of Commercial Banknote Issuers

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Counterfeit Northern Ireland Banknotes 2015

The number of counterfeit Northern Ireland banknotes discovered and removed from circulation during 2015 remained only a very small percentage in relation to the total number of genuine notes in circulation. From Table 1 below you can see that the number of counterfeit notes represents only 0.0063% of the number of genuine banknotes in circulation, which at the end of 2015 stood at nearly 166 million notes.

 

 

 

COUNTERFEIT AND GENUINE NORTHERN IRELAND BANKNOTES 2015

(NUMBER OF NOTES)

 Denomination

 No. of counterfeit banknotes taken out of circulation No. of genuine banknotes in circulation   % 
 £1 341,259  0.0000
 £5 215 35,324,928  0.0006
 £10 3,801 39,296,998  0.0097
 £20 5,823 88,277,474  0.0066
 £50 623 2,082,173 0.0299
 £100 0 622,081 0.0000
Total 10,461 165,944,912 0.0063

 

  

The number of counterfeit notes discovered and removed from circulation decreased during 2015. Chart 1 shows comparative figures for 2010 - 2015.


Chart 1


 

The face value of counterfeit notes discovered and removed from circulation during 2015 totalled £186,675. Chart 2 provides figures for the face value of counterfeit notes removed from circulation from 2010 onwards.


Chart 2