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Attention needed when it comes to 20 and 50 euro banknotes as not only the 5 euro and 10euro note are being counterfeited it seems the bigger note bills are too, and are in circulation on the market.
Approximately 262,000 forged euro banknotes were withdrawn from circulation within the second sixth month period of 2018. In relation to previous years data also shows that counterfeit banknotes have decreased by 25%, however, there are thousands still out there that could get unsuspecting people into lots of trouble.
According to evidence, the amount of forged banknotes in comparison to authentic notes is very small and thus the likelihood of someone being handed with forged money is minute, nonetheless the danger exists.
Counterfeit 20 and 50 euro banknotes continue to record the highest rate of forgery. According to data, the likelihood of someone ending up with counterfeit notes is small, however, this possibility with 20`s and 50`s continues to be higher as 80% of forged money is in 20 and 50 euro currency.
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