In 2010, the Number of Counterfeited Money Significantly Reduced

According to data of the Central Bank of Bosnia and Herzegovina (CBBH), there was recorded a total of KM 3,828 counterfeited banknotes and coins in 2010, which is by 43.4% less compared to 2009.

Out of the total number of counterfeits, there were 1,736 pieces of KM banknotes and 2,092 pieces of KM coins recorded. The detection of a counterfeiters group in March last year, significantly affected the decreasing of counterfeited banknotes. Namely, almost 70% of KM counterfeits recorded in the first quarter of 2010, originated from the a.m. group, and the KM 20, 50 and 100 denominations were in question.

In terms of the counterfeited KM banknotes denomination structure, the majority were of KM 50 denomination (846 pieces) and KM 20 (655 pieces). Out of the total number of counterfeited coins, in 2010 the most of them were KM 1 denomination (1,200 pieces), followed by KM 5 (699 pieces), and KM 2 (193 pieces).

In 2010, there were 657 pieces of counterfeited EURO banknotes, which is by 66.55% less compared to 2009 and the most counterfeited banknote was EUR100 denomination (223 pieces).

Among other currencies, there were recorded 184 pieces of counterfeited USD banknote, being 183 pieces of USD 100 denomination, which is by 46.03% more compared to 2009 and there were also eight counterfeited banknotes of other currencies.

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