ZAGREB, February 21, 2020 – A total of 228 counterfeit kuna banknotes were withdrawn from circulation in the second half of 2019, a 3.4% decrease compared with the same period in 2018, while the number of counterfeit euro notes increased by more than 14 times to over 4,000, the Croatian National Bank (HNB) said on Thursday.
Between July and December 2019, 4,056 counterfeit euro notes were withdrawn from circulation in Croatia, which is an increase of 1,323.2% compared with the same period in 2018 when 285 such notes were removed from circulation, the central bank said.
The majority of counterfeit banknotes, 3,771 or 93%, were 500-euro notes.
A total of 4,341 counterfeit banknotes of all currencies were registered in the second half of 2019, an increase of 608.2% over the same period in 2018.
“Despite a higher nominal value of registered counterfeit euro banknotes, counterfeits registered in the second half of 2019, as regards their quantity and production quality, did not cause any disturbances in cash operations, neither in specialised institutions nor among the general public,” the central bank says.
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