Counterfeit Northern Ireland Banknotes 2019

The number of counterfeit Northern Ireland banknotes discovered and removed from circulation during 2019 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 0.0114% of the number of genuine banknotes in circulation, which at the end of 2019 stood at over £172 million notes.

Table 1

The number of counterfeit notes discovered and removed from circulation decreased during 2019. Chart 1 shows comparative figures for 2014 - 2019.

 Chart 1

The face value of counterfeit notes removed from circulation during 2019 totalled £741,540. Chart 2 provides figures for the face value of counterfeit notes removed from circulation from 2014 onwards.

 Chart 2