Conclusions


Based on our results, we believe it is possible to electronically determine the denomination of a piece of currency. We also believe it is possible to evaluate whether or not a bill is a valid piece of currency, and even whether or not it is a crude counterfeit. This experiment shows that in the future, it will be easier to exchange money with its electronic counterpart, and vice-versa.

The project ran into difficulties when we were confronted with money that did not fit within our specifications. The $5 bill listed on the data page failed because of too much noise along one of its edges. A bill that is sufficiently rotated will also have problems. These problems can be solved by having a mechanical device which insures that a bill is inserted properly, and without a large degree of rotation. Such a device is already available on vending machines, and would not provide much additional expense to a real world design.

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