U.S. currency rules the lives of many Americans, yet there are some fun little facts we don’t know about our currency. If you would like to be knowledgeable about the hard-earned money in your wallet, be sure to read on! Below, you will find some amazing facts about our U.S. currency you need to read to believe!
Most people believe that money lasts forever, and you could take that quite literally. However, our currency bills do not last that long, because a $1 bill has an average lifespan of only 22 months. The lifespan of the $5 and $10 bill is even shorter, since they have a respective lifespan of 16 and 18 months. Still, the more valuable bills last longer, with the $100 bill having a lifespan of 89 months.
When a bill reaches the ends of its lifespan, the bill is taken out of circulation. Of course, the bill removed from circulation is eventually replaced by a new one from the BEP (U.S. Bureau of Engraving and Printing).