Aug 29 2010

How long do U.S. bills remain in circulation? What about U.S. coins?

Category: Business & Economy

Answer:

The Federal Reserve destroys and replaces U.S. bills according to frequency of use. Smaller denominations are often destroyed sooner. Here is a list of the U.S. bills and the common time frames for circulation before destruction.

  • $1.00 bill – 22 months
  • $5.00 bill – 2 years
  • $10.00 bill – 3 years
  • $20.00 bill – 4 years
  • $50.00 bill – 9 years
  • $100.00 bill – 9 years

U.S. coins typically last much longer than bills. They have a normal life cycle of about 30 years before needing to be replaced.


Tags: , , , , ,


 

 

Challenge this Answer and/or Discuss