International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

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Volume 8 Issue 2
March-April 2026

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Awareness on the Features of Genuine and Counterfeit Philippine banknotes among business entities and consumers in Poblacion, Bontoc, Mountain Province

Author(s) Ms. Donila Dabodab Pongkiyes
Country Philippines
Abstract Counterfeiting of currency remains a significant global concern that affects economic stability and consumer protection. This study assessed the level of awareness among business entities and consumers in Poblacion, Bontoc, Mountain Province regarding the features of genuine and counterfeit Philippine banknotes. A mixed-method research design was utilized, combining quantitative and qualitative approaches. A total of 230 respondents participated, including business owners and consumers. Data were collected through questionnaire-checklists and interview guides and analyzed using statistical tools and thematic analysis. Findings revealed that the overall level of awareness of respondents is low, with a weighted mean of 35.14%. Respondents demonstrated familiarity with basic detection methods such as holding banknotes against light but lacked knowledge of advanced security features. The study highlights the need for intensified public awareness campaigns, training programs, and institutional support to prevent counterfeit circulation. Enhancing awareness is essential to safeguard economic transactions and protect individuals from financial loss.
Keywords Counterfeit currency, Philippine banknotes, Awareness, Business entities, Consumers, Security features, Fraud prevention
Field Sociology > Banking / Finance
Published In Volume 8, Issue 2, March-April 2026
Published On 2026-03-25
DOI https://doi.org/10.36948/ijfmr.2026.v08i02.72259
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E-ISSN 2582-2160
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