Chart 1: Dollar Value of Passed Counterfeits Per Million Dollars in Estimated Domestic Circulation
| Fiscal Year | Dollar Value of Passed Counterfeits Per Million Dollars in Estimated Domestic Circulation |
|---|---|
| 2001 | 167.8 |
| 2004 | 125.3 |
| 2008 | 162.1 |
| 2012 | 151.8 |
| 2016 | 116.1 |
| 2020 | 106.3 |
| 2023 | 89.6 |
Note: Forsimplicity, the calculations in this chart assume that half of currency is in circulation abroad and half is in circulation domestically. Source: USSS and U.S. Treasury.
Chart 2: Dollar Value of Counterfeits Passed within the United States
FY 2001 to 2023, by Denomination and Type, Selected Years
| Fiscal year | High quality $100 | High quality $ 50 | High quality $20 | Low quality $100 | Low quality $50 | Low quality $20 | Low quality $10 and less |
|---|---|---|---|---|---|---|---|
| 2001 | 27.2 | 0.2 | 0.4 | 10.0 | 2.2 | 5.8 | 1.7 |
| 2004 | 17.8 | 0.3 | 0.1 | 12.2 | 2.2 | 9.3 | 1.4 |
| 2008 | 20.1 | 4.4 | 0.2 | 23.7 | 5.6 | 8.2 | 1.6 |
| 2012 | 34.5 | 0.6 | 0.1 | 23.0 | 6.9 | 12.7 | 2.7 |
| 2016 | 23.0 | 0.5 | 0.1 | 33.4 | 8.0 | 14.2 | 2.4 |
| 2020 | 16.0 | 0.6 | 0.5 | 56.1 | 8.5 | 16.4 | 1.4 |
| 2023 | 26.4 | 1.8 | 1.6 | 49.3 | 9.1 | 12.7 | 0.8 |
Source: USSS.
Figure 3: Suspected Counterfeit Note Detection Rates in FRB Processing By Denomination
| Fiscal year | 5 | 10 | 20 | 50 | 100 | Total | 2000 | 6.0 | 14.9 | 6.6 | 5.3 | 41.3 | 16.8 | 2004 | 6.0 | 12.8 | 6.0 | 5.0 | 21.1 | 10.8 | 2008 | 5.2 | 13.0 | 3.8 | 21.9 | 17.3 | 11.6 | 2012 | 8.0 | 13.9 | 3.4 | 5.3 | 12.3 | 7.7 | 2016 | 5.5 | 9.7 | 3.2 | 4.7 | 11.4 | 6.9 | 2020 | 3.2 | 4.3 | 1.8 | 3.4 | 8.4 | 4.7 | 2023 | 2.0 | 3.3 | 1.5 | 4.8 | 7.6 | 4.9 |
|---|
Source: Federal Reserve Board.