Performance Comparison of Deep Learning Techniques in Naira Classification
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International Journal of Recent Engineering Science (IJRES) |  |
| © 2024 by IJRES Journal | ||
| Volume-11 Issue-5 |
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| Year of Publication : 2024 | ||
| Authors : Ismail Ismail Tijjani, Ahmad Abubakar Mustapha, Isma'il Tijjani Idris |
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| DOI : 10.14445/23497157/IJRES-V11I5P113 |
How to Cite?
Ismail Ismail Tijjani, Ahmad Abubakar Mustapha, Isma'il Tijjani Idris, "Performance Comparison of Deep Learning Techniques in Naira Classification," International Journal of Recent Engineering Science, vol. 11, no. 5, pp. 131-139, 2024. Crossref, https://doi.org/10.14445/23497157/IJRES-V11I5P113
Abstract
The Naira is Nigeria's official currency in daily transactions. This study presents the deployment and evaluation of Deep Learning (DL) models to classify Currency Notes (Naira) by denomination. Using a diverse dataset of 1,808 images of Naira notes captured under different conditions, trained the models employing different architectures and got the highest accuracy with MobileNetV2, the model achieved a high accuracy rate of in training of 90.75% and validation accuracy of 87.04% in classification tasks and demonstrated substantial performance across various scenarios. This model holds significant potential for practical applications, including automated cash handling systems, sorting systems, and assistive technology for the visually impaired. The results demonstrate how the model could boost the Nigerian economy's security and efficiency of financial transactions.
Keywords
Convolutional neural network, Counterfeit notes, Currency classification, Deep learning techniques, Naira classification.
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