Decline in counterfeit euro banknotes in the Netherlands

Press release
Date 17 January 2011

The number of counterfeit euro banknotes in the Netherlands declined in 2010. A total of 39,600 counterfeit euro banknotes were detected and registered, some 28% less than the 54,900 counterfeit euro banknotes recovered in 2009.

This is the first decrease in counterfeits in the Netherlands in three calendar years. The fall-off began in the second half of 2009. Alert retailers and attention by police and judiciary have helped to counter this form of  crime.

A reduction in counterfeits was also seen worldwide. The European Central Bank announced in a press release this morning that 751,000 counterfeits were recovered in the past year, a decline of 13% relative to 2009. The EUR 50 denomination is the most counterfeited, both in the Netherlands and the rest of the world, followed by the EUR 20 note. 

It is important that the public be alert and aware of the euro banknote security features, details of which can be found the webpage Security features of euro banknotes. These instructions can be downloaded from the website or ordered as a CD-ROM from the Information Desk, tel. 0800 – 020 1068 (freephone). 0800 – 020 1068 (freephone).

For further information, please contact Tobias Oudejans, tel. +31 20 524 3100 or +31 6 524 96 961, or Herman Lutke Schipholt, tel. +31 20 524 2712 or +31 6 524 96 900.