Having a fake currency note in your pocket is as good as walking around with a piece of paper.

Because there’s absolutely no single monetary value attached to a fake currency, especially here in Nigeria. In fact, in some places, you can be arrested for being in possession of it.

Unfortunately, most of the times, you won’t actually know you’re having a fake currency with you, until it’s been spotted out.

So how can you know whether you’re having a fake currency or not?

It’s possible to identify fake currencies.

But at the same time, it can also be very trickish.

There are some popular ways to identify fake Naira notes in Nigeria and I’m going to discuss some of them below.

1. Currency Verifier: A currency verifier also known as currency validator is a device used in verifying whether a currency note is genuine or not.

The device is used for bulk identification of fake currency notes. It is found mostly in Banks, Retail Shops, Shopping outlets etc.

The process involves examining the notes inserted through the use of various tests, determining if the currency is counterfeit through the process.

How a currency Verifier Operates:

In a normal operation, when a currency or note, is accepted, it is retained within the machine and it falls into a storage container to allow a member of staff to collect it later when the machine is being emptied.

If the item is rejected, the verifying machine returns the item to the customer.

If it’s a coin for instance, where the coin is rejected, it usually falls into a tray or rolls out of a slot at the bottom where the customer can remove the coin.

If a banknote is rejected, it is pushed back out through the machine so that the customer can remove it from the slot into which it was inserted.

Other ways of identifying fake currency notes in Nigeria.

Besides using a currency verifier or fake money detector machine for bulk identification of fake currencies, there are other methods that can be used. These other methods of fake currency notes identification includes:

2. Checking the texture of the note

Checking the texture of the currency note is one of the most popular way to identify fake currency note. Especially for single currencies.
If the texture of the money is really soft in a way that gives you concern, you might want to have a recheck.

Also if the image on the currency note looks really dull and blurry, you can reject it and ask for another Naira note from whoever gives it to you.

3. Use water or other liquid

Besides using a currency verifying machine, one other way to identify fake currency note is the use of water or other liquid. Unlike genuine currency notes, the colours used in printing fake notes are soluble in water and some other liquids.

If you have a doubt about a note, place the note in water or petrol and scrub it gently. If it’s fake money, its colours will wash off like an artwork painted with water colour.

Again, once you immerse it in water, the paper becomes messed up. It will get rough and look more like a paper sheet. However, the real note won’t look like this when immersed in water or any liquid.

4. Check the gold foil

The N1000 note has a gold foil on the right side, just beside the CBN governor’s signature. If you scratch the gold foil of a fake note it will peel off but that of an original note doesn’t peel.

5. Check the ribbon/thread

Another interesting way to identify counterfeit Naira note besides using a currency detector machine is by checking the ribbon thread.

There is a thread that looks like a ribbon on all Naira notes, running from the top to the bottom of each note.

For genuine Naira notes, this thread can be felt. It is more noticeable on old Naira notes. However, in fake notes, there’s something that looks like the thread but it’s not.

What is there is just a straight line painting that looks like the thread in original notes. If you scratch the painting, it’ll peel off like the solver panel on recharge cards.

6. Use of mercury bulbs

The use of mercury bulb has been one popular alternative to currency detector machines, especially in the Banking sectors.

Some features of the paper Naira notes cannot be seen with naked eyes. These features are only in original Naira notes, and one cannot see them except with the help of mercury bulbs.

For instance, if a real N1000 note is placed under the rays from a mercury bulb, it’ll show a glowing 1000 (in numbers) written across the note. The same applies to smaller denominations.

After all is said and done, using a currency verifying machine is still one of the most productive ways to identify fake currency notes.

And you can get your currency verifying notes delivered to you wherever you are, right here in Nigeria.

https://www.standardgroupinvestment.com/how-to-identify-fake-currency-notes/

fake people with fake currency

Just squeeze it, if it comes back up it's original else it fake..

Do you have a business/website
rank it on Google page 1 fast
chat up

No. 3 is the easiest and simplest way to know fake currency

IYA AKARA NO GET ALL THESE TIME JAREE

How to identify Fake News.

1. They are not on the Home page
2. The publisher name is.......
3. No real picture or video to back up the news
4. They are Fake

There's no such thing as fake money to me, the government don't just want you self depending.


Life was beautiful and easy until man introduced money.

You don't have time for all this headache. Some criminals use voodoo to hypnotize their victims you won't even remember any of these things you mentioned so the best is to tell whoever you are dealing with to transact through the banks.
I once had a funny experience with some Abokis at Allen Avenue I wanted to buy USD to augment my funds for travelling so I met them not knowing that they were criminal hustlers. I told them I can only transact with anyone who's willing to come inside the bank and we operate with our accounts. You deposit USD into my account or transfer from your account then I transfer naira equivalent to your account.

All of them scattered, murmuring in exasperation. I eventually succeeded in getting one but he changed the rate of the dollar.

Cash and cashless transactions have their merits and demerits but going cashless is always safer and more convenient when making or accepting payments, POS or transfer.

Squeeze the thing jare.

If you aren't experienced, if you see "original fake" currency, you may not know.

But your president is fake

Just squeeze it in your palm..

That was how a friend of mine was duped while selling his phone, all notes were fake. Heard he later used it to buy petty stuff around neighborhood

u fit soak am for water mistakenly. wen u reach house make u dry am for rope go sleep.

ainas247:
Just squeeze it, if it comes back up it's original else it fake..

I guess this method is unreliable.

The best solution is for the police to be on top of their game because at night people do spend fake notes more than day time so which time will the traders have to use all these note verifier or even to get petrol to check if the note is real.

Police should continue to hound these criminals and those caught should be dealt with in a serious manner to serve as deterrent.

charlsecy:
I guess this method is unreliable.

It rely walla, just try it with original and fake money at the same time... you would see the reaction

Why not make money in circulation so it gets to everyone...
I don't know the effect though

but what if everyone has money?

7. Another way to verify if a currency is fake or original is to crumble it with your fist then drop it on a surface. If it tries to open from the crumble then it's original. But if it remains stocked as crumbled then it's fake.

What about fake nairaland

Thanks for sharing this post with me, it has really helped my life

well people that will receive will receive...
let's follow instructions...
many people can't really identify it buh they'll pretend...
in addition.. count the number of ribbon behind..6 is the original fake has more or less than 6....

skinnyebans:
That was how a friend of mine was duped while selling his phone, all notes were fake. Heard he later used it to buy petty stuff around neighborhood

Just look for the nearest abokì to spend the money. Mai chai or mai suya. They hardly check the money given to them. They just collect and dump in their bowl, bag or pocket.

the best way to identify fake currency is taking it to buy india hemp under oshodi bridge. if they beat u na fake.

senatepresido:
Why not make money in circulation so it gets to everyone...

I don't know the effect though


but what if everyone has money?

Good you admit you don't know the effect. There is a story about the Great Depression of Germany in 40's or so. Where it is said that the German government under Adolf Hitler odered the printing of excess money to be in circulation. As a result. LoOOT of money bought VEEERY few goods. One day a lady pushed wheelbarrow full of money to buy a LOAF of bread. Went inside to check the availability of the bread, by the time she came out take the money in. Somebody had stolen the wheelbarrow and left the money.

Read economic inflation and depression and creation of money.

See my signature

Fake currencies are not vogue these days

senatepresido:
Why not make money in circulation so it gets to everyone...

I don't know the effect though


but what if everyone has money?

money has to has some qualities for it to have value, just imagine, printing some figures unnecessary on some pieces of papers then use the paper to exchange for stuffs of high values, like using papers to exchange a bugatti which took lots of manpower and time before being built. So let's everyone now has money, yeah it's normal for people to have money, but when the money being hold is too much, you know people will be ready to spend anyhow and dont mind paying much on common things, imagine you decided to pay 1k just to buy a common pencil, so the value of money will be lost cause people already had lots of it, and there are goimg to be inflation, so look Zimbabwe money as an example... So money must be SCARcE for it to have value, people needs to work hard to lay their hands on it.

The water own is very reliable..I can testify to that

senatepresido:
Why not make money in circulation so it gets to everyone...

I don't know the effect though


but what if everyone has money?

lolz.....how old are you??