The National Bank of Serbia published its Cash Operations Division report on counterfeits detected in January–December 2024, covering banknotes submitted for expert examination on suspicion of counterfeiting. The report records 3,840 counterfeit banknotes detected during 2024, with euro banknotes the largest share by number of pieces, followed closely by Serbian dinar notes. For domestic currency, 1,697 counterfeit dinar banknotes were detected, dominated by RSD 2,000 (74.25% of pieces), RSD 1,000 (11.20%) and RSD 500 (9.90%), which together accounted for 95.35% of detected counterfeit dinar notes; by nominal value, RSD 2,000 and RSD 5,000 represented 82.55% and 8.35% respectively. Relative to cash in circulation, this equated to 2.59 counterfeit dinar banknotes per million genuine banknotes, or RSD 5,643.48 per billion dinars in circulation. For effective foreign currency, 2,143 counterfeit banknotes were detected, including 1,848 euro notes (mainly EUR 50 and EUR 100) and 292 US dollar notes (135 of them USD 100), plus three Deutsche mark notes; by pieces, the report puts the overall mix at 48.13% EUR, 44.19% RSD, 7.60% USD and 0.08% DEM. Expressed as dinar equivalents using the mid exchange rate on 15 January 2025, the nominal value of all detected counterfeits totalled RSD 26,123,912.19, of which euro counterfeits accounted for RSD 21,262,930.88. The report also notes that, of 100 euro coins examined, 35 EUR 2 coins were found to be counterfeit.
National Bank of Serbia 2025-01-20
National Bank of Serbia publishes 2024 counterfeit banknote report showing 3,840 detections led by euro and dinar notes
The National Bank of Serbia's Cash Operations Division reported 3,840 counterfeit banknotes detected in 2024, with euro notes comprising the largest share. Among domestic currency, 1,697 counterfeit dinar notes were identified, predominantly RSD 2,000. The total nominal value of detected counterfeits was RSD 26,123,912.19, with euro counterfeits accounting for RSD 21,262,930.88.