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"In 2021, 347,000 counterfeit euro banknotes were withdrawn from circulation, a historically low level relative to the number of banknotes in circulation... For every 1 million genuine banknotes in circulation, 12 counterfeits were detected," it said.
The figure is down 24.6% compared to 2020.
At the same time, about two-thirds of all seized counterfeits were in denominations of €20 and €50.
Just over 95% of counterfeits were detected in eurozone countries, 4.2% - in EU states outside the currency bloc, and just 0.4% - in other countries around the world, the ECB also noted.
"Counterfeits are easy to detect as they have no or very poorly imitated security features," the release said.
source: ecb.europa.e
The figure is down 24.6% compared to 2020.
At the same time, about two-thirds of all seized counterfeits were in denominations of €20 and €50.
Just over 95% of counterfeits were detected in eurozone countries, 4.2% - in EU states outside the currency bloc, and just 0.4% - in other countries around the world, the ECB also noted.
"Counterfeits are easy to detect as they have no or very poorly imitated security features," the release said.
source: ecb.europa.e