Money Doesn’t Grow on Trees and Other Facts About Currency
The average lifespan of a dollar bill. In contrast, a $100 bill lasts an average of 17.9 years due to being handled less. (1)
The percentage of the notes printed each year that are used to replace notes already in, or taken out of circulation. (2)
The amount of ink used per day in 2011 (2)
1 to 4..
The ratio of linen to cotton used to produce paper currency.
Dollar value of notes printed in 2011. (2)
Nearly half of all notes printed are $1 bills. (2)
The cost to produce one penny. (3) It costs 5.2 cents to print a dollar bill and 9.2 cents to print each $20 and $50 bill. (1)
The amount of money currently in circulation. (1) That equates to around $3,530 for each person in America. (4)
Sources: (1) federalreserve.gov (2) moneyfactory.gov (3) usmint.gov (4) census.gov
All information is believed to be from reliable sources however we make no representation as to its completeness or accuracy. All economic and performance information is historical and not indicative of future results. Any market indices mentioned are unmanaged and cannot be invested in directly. Additional information, including management fees and expenses, is provided on our Form ADV Part 2. All investments involve risk and past performance is not a guarantee of future results.