Fun Facts About Money
- During fiscal year 2013, the Bureau of Engraving and Printing produced approximately 26 million notes a day, with a face value of approximately $1.3 billion.
- Over 90 percent of U.S. currency is Federal Reserve notes.
- A stack of currency one-mile high would contain more than 14.5 million notes.
- Currency is actually fabric composed of 25 percent linen and 75 percent cotton. Currency paper has tiny red and blue synthetic fibers of various lengths evenly distributed through out the paper.
- The $2 bill first originated on June 25, 1776, when the Continental Congress authorized issuance of the $2 denominations in "bills of credit for the defense of America."
- The largest bill ever printed by the Bureau of Engraving and Printing was the $100,000 gold certificate.
- The U.S. Secret Service was created during the Civil War to fight counterfeiting.
- The motto “In God We Trust” did not appear on Federal Reserve notes until 1963.
- The Bureau of Engraving and Printing has two facilities, one in Washington, D.C. and the other in Fort Worth, Texas. Together they use approximately 9.7 tons of ink per day.
- The approximate weight of a bill is one gram. Since there are 454 grams in one pound, there are 454 notes in one pound.
- The largest note produced today is the $100 Federal Reserve note.
- The new currency budget for 2014 is $826.7 million, and it reflects the following costs per denomination:
$1 and $2 - 5.4 cents per note
$5 - 10.1 cents per note
$10 - 9.2 cents per note
$20 and $50 - 10.2 cents per note
$100 - 13.1 cents per note
- About 4,000 double folds (forward and backward) are required before a note will tear.
- The average life of a Federal Reserve note depends upon its denomination:
$1 note - 5.9 years
$5 note - 4.9 years
$10 note - 4.2 years
$20 note - 7.7 years
$50 note - 3.7 years
$100 note - 15.0 years