BANK OF FINLAND
Press release number 5
17 Jan 2011

Euro counterfeits in Finland in 2010

In 2010, a total of 1,052 counterfeits were detected among euro banknotes in circulation in Finland. This number was up slightly from the numbers detected in previous years, as shows in the statistics below:
 
​Year ​2006 ​2007 ​2008 ​2009 ​2010
Number of counterfeits  571​ ​527 ​709 ​861 ​1,052​
 
The EUR 50 note was the most frequently detected counterfeited banknote (327 counterfeits) in 2010, followed by EUR 20 and EUR 100 notes. These three middle-value denominations together accounted for 77% of the total number of counterfeits.
 
A number of security features have been incorporated into euro banknotes for authentication purposes. Banknote authenticity can be checked by using the simple feel-look-tilt test described in the Eurosystem’s publications. In case of doubt, a suspected banknote should be compared directly with one that is known to be a genuine. Instructions and guides for checking banknote authenticity can be found on the Bank of Finland website (http://www.suomenpankki.fi/en/Pages/default.aspx).
 
In today’s press release, the European Central Bank (http://www.ecb.europa.eu) provides an overview of the counterfeit situation regarding euro banknotes.
 
For further information about the situation in Finland, please contact Jussi Kangas, Banknote Specialist, tel. +358 10 831 3481, or Jari-Pekka Pere, Detective Sergeant, National Bureau of Investigation, tel. +358 71 878 6475.