A Review on Fake Currency Detection Techniques

Abstract

Coins and note currency are widely used in our daily life such as vending machines, parking meters, telephone booths and so on. In addition to being used as currency, people enjoy collecting coins and notes as they usually have artistic value and can give a vivid insight to the social life in history. However, in recent years, a lot of illegal counterfeiting rings manufacture and sell fake coins and at the same time fake note currency is printed as well, which have caused great loss and damage to the society. Thus it is imperative to be able to detect fake currency. In this paper we have reviewed different techniques and work done by authors in this domain of fake currency detection.