Counterfeit Northern Ireland Banknotes 2018

The number of counterfeit Northern Ireland banknotes discovered and removed from circulation during 2018 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 0.0196% of the number of genuine banknotes in circulation, which at the end of 2018 stood at over 182 million notes.

Table 1

The number of counterfeit notes discovered and removed from circulation increased during 2018. Chart 1 shows comparative figures for 2013 - 2018.

 Chart 1

 

The face value of counterfeit notes removed from circulation during 2018 totalled £1,199,365. Chart 2 provides figures for the face value of counterfeit notes removed from circulation from 2013 onwards.

 Chart 2