Some 376,000 counterfeit euro banknotes were withdrawn from circulation in 2022. There is little likelihood of receiving a counterfeit, as the number of counterfeits remains very low in proportion to the number of genuine euro banknotes in circulation. In 2022 13 counterfeits were detected per million genuine banknotes in circulation, which is the second-smallest proportion since the introduction of euro banknotes (see the chart below). Despite this exceptionally small proportion, the number of counterfeits increased by 8.4% compared with 2021 (see Table 1), when the proportion of counterfeits was at its lowest since ... (full story)