How to Identify Fake 1000 Naira Note
Nigerians
are starting to inquire as to whether the new banknotes have already been
faked. This comes after a social media video that went viral purporting to
reveal purportedly bogus 1,000 Naira bank notes that a Point of Sale (POS)
operator had received.
For
users to discern the difference between the allegedly phony notes and real
notes, the post included both sets of notes.
All
of this is taking place just four days after the Central Bank of Nigeria (CBN)
on December 15, 2022, started rolling out the freshly redesigned naira notes.
To
aid in its fight against counterfeiting, the Central Bank of Nigeria has made
information on the security measures on the freshly redesigned Naira notes
available.
Intaglio
This
happens when the naira note's picture is submerged into a surface and the sunken
line or region holds the ink.
Portrait watermark
A
logo, line of text, or signature used as a watermark is placed over a picture.
The majority of watermarks are transparent, allowing viewers to still enjoy the
image. The portrait-style watermark on the new naira notes is depicted in the
drawings.
Optically Viable Ink (OVI)
The
light reflects off OVI security ink when viewed at an angle. The light makes
the ink’s colour appear different compared to looking at it straight. In many
use cases, OVI may be transparent when viewed directly but takes on colour when
viewed at an angle. For instance, the OVI in the new naira notes changes from
blue to green with a change in the view angle.
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Kinegram
This
is one of the easiest ways to identify counterfeit notes. It provides quality
identification and security features for the new naira notes. The Kinegram is
made of an image of the Nigerian Coat of Arms in the original new ₦1000 note.
Iridescent band
A
symbol at the top of the new ₦1000 note changes when seen from different
angles.
Engraved portrait
The
picture of Nnamdi Azikiwe on the new ₦500 note is being carved into a surface.
The portrait is painted or sketched on the right side to enable you to identify
the original.
The
original naira has features that are visible under ultraviolet light; for
example, the serial number on each banknote is black, but would turn green
under ultraviolet light.
Conclusion
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