STATISTICS ON THE DETECTED COUNTERFEIT KUNA BANKNOTES

January — June 2010

6 July 2010

A total of 200 counterfeit kuna banknotes were detected in the January to June period in 2010, which is a decrease of 44% compared with 358 counterfeit banknotes detected in the second half of 2009.

In the text below you may find an overview of detected counterfeit banknotes by denomination and their shares in the total number of counterfeit banknotes:

Denomination

1000

500

200

100

50

20

10

5

Total

Number

6

55

47

40

13

29

10

0

200

Percent

3

28

24

20

6

14

5

0

100

 

These data and the fact that there were 156.4 million banknotes in circulation at the end of June 2010 indicate that 1 counterfeit banknote was detected per million genuine banknotes in circulation in the period from January to June 2010.

In view of the ongoing tourist season and increase in currency in circulation, as well as the fact that the authentication of detected counterfeit banknotes has shown that counterfeiters, in addition to printing out the banknote design, ever more often try to imitate some special security features, such as the security thread, watermark, kinegram or iridescent colour effect, the Croatian National Bank calls upon the public to be on heightened alert and upon institutions and companies dealing with cash to adhere to the central bank's decisions on banknote processing and redistribution.

The Croatian National Bank has launched the National Programme of Training Courses on Banknote and Coin Authentication for Bank and Financial Institution Employees. The details on the Programme and the application procedure are posted on the web site of the Croatian National Bank.

The Croatian National Bank has published educational brochures on the security features of banknotes and banknote authentication which can be ordered free of charge by filling out the form posted on the web site of the Croatian National Bank.