Detecting counterfeit currency, commonly known as “spotting fake money,” involves identifying and examining specific security features incorporated into genuine banknotes to distinguish them from fraudulent replicas. This practice plays a crucial role in safeguarding financial systems, preventing fraud, and maintaining the integrity of a nation’s currency.
Throughout history, counterfeiting has been a persistent issue, with individuals attempting to create and circulate fake currency for illicit gains. Consequently, governments and central banks have implemented advanced security measures into their banknotes, making it increasingly difficult for counterfeiters to replicate them accurately. These security features range from specialized paper and inks to holograms, watermarks, and embedded security threads.