Counterfeit Currency Detection System

Abstract

The elevation of color printing technology has increased the rate of fake currency note printing on a very large scale. Years before, the printing could be done in a print house, but now anyone can print a currency note with maximum accuracy using a simple laser printer. This results the issue of fake notes instead of the genuine ones has been increased very largely. India has been unfortunately damned with the problems like corruption and black money .The counterfeit of currency notes is also a big problem to it. This problem leads to design of a system that detects the fake currency note in a less time and in a more efficient manner. The proposed system gives an approach to verify the genuineness of Indian currency. Verification of currency note is done by the concepts of image processing. The above article describes extraction of various features of Indian currency notes. MATLAB software is used to extract the features of the note. The proposed system has got advantages like simplicity, high performance speed, portability. The result will predict whether the currency is counterfeit.