9+ Counterfeit Money Statistics: Key Numbers (Updated)

Counterfeit money is a problem that has been around for as long as currency has been in use. In recent years, the problem has become increasingly prevalent, with an estimated $200 billion worth of counterfeit bills in circulation worldwide.

This number continues to grow as technology makes it easier and easier to create fake money. While various measures have been taken to try and combat this issue, it remains a significant problem for governments and businesses alike.

In this article, we will explore the state of counterfeit money statistics, looking at how much counterfeit money is in circulation, which currencies are most commonly counterfeited, and how much this illegal activity is worth.

How Much Counterfeit Money is in Circulation 2022

So, how much fake money is in circulation?

An estimated $70 – $200 million in counterfeit bills are in circulation at any given time according to the United States Department of Treasury.

Key Finding: Counterfeit Money Statistics

Read through this section to find out mesmerizing fake money statistics that will shock you.

  • An estimated $70 – $200 million in counterfeit bills are in circulation at any given time according to the United States Department of Treasury.
  • About 50% of all dollars in circulation were held outside of the country as of March 2021. (Federal Reserve Report)
  • Approximately 1 note in counterfeits for every 10,000 in genuine currency. (USDT)
  • The $20 bill is the most frequently counterfeited note reported by Reuters.
  • About 60% of $20 is counterfeit money circulation in the USA.
  • A $100 bill is the most common Counterfeit money overseas.
  • More than $147 million fake US currency is in circulation globally with 60% circulating in the US according to the US Secret Service. (Source: CNBC)

What Percentage Of Money is Counterfeit?

So, what percentage of the money in circulation was counterfeit?

It is estimated that about 0.01% of all the money is counterfeit. This may not seem like a lot, but when you consider that there are over 2.27 trillion US dollars in circulation.

Most countries have very strict laws against counterfeiting currency, and anyone caught manufacturing or distributing fake money can face severe penalties, including prison time and hefty fines. In some cases, counterfeiters may even be sentenced to death.

What is the Most Common Counterfeit Bill?

The most common counterfeit bill is the American $100 bill.

What is the Most Frequently Counterfeited Currency Amount in the United States?

The $20 bill is the most frequently counterfeited note reported by Reuters.

Sources

U.S Secret Service Annual Report

Federal Reserve Report

 U.S. News

NBC Chicago

USA TODAY

Made of Money

EuroTesterPen

 The United States Treasury Department

CNBC

Wauchula State Bank

frbsf

The National Academies Press

The National Academies Press

 Research and Markets

Love Money

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