FAKE HONG KONG $100 IN CIRCULATION, CBN.

The Central Bank of Nigeria has warned that fake Hong Kong $100 (HK$100) is in circulation in Nigeria and so, Bureau de change operators, currency dealers and the general public should be ware.

According to a public notice issued and signed by Ag Director, Trade and Exchange department, W D Gotring, late in November, the attention of the CBN was drawn to the fake notes.

It said that the fake notes were "printed in normal A4 paper using inkjet printers" and "are of poor quality, lacked embossment and the feel of security features"

The CBN added that "the silver marks were stuck on the notes to appear like holographic security thread on real notes"

Also, it added " the HK100 numerals failed to turn green and gold when viewed from different angles "

Hence, for the avoidance of doubt, it drew the attention of all to the following features of the original notes.

1) The colours and features of the notes shift when viewed at different angles

2) The holographic window thread shows a complete metallic thread when viewed under a light.

3) When rubbed on the surface, the bill gives an embossed feeling.

According to Wikipedia, Hong Kong currency was the 13th most traded currency in the world.

It is issued by three banks approved by the Hong Kong Monetary Authority and by the authority itself.

By morning today the rate of exchange to the Naira quoted on line was N100 to HK$24.49.

It is fixed however against the US$ at HK$7.75.

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