The US monetary policy regulator has announced what will change in the acceptance and use of banknotes.
The United States Federal Reserve (FED) has released a statement through its official portal, indicating What will happen to the old banknotes?and what will change regarding the Use and acceptance of dollars Today. It is important for the US government to make known that banknotes issued from 1914 to the present do not lose any validity.
According to the FED, the year in which the coin was printed does not matter as long as it is after 1914, and this will always correspond to its indicated nominal value, at least on American soil. However, they have acknowledged that in other parts of the world, the condition and age of the coins can affect their value.
Department of the Treasury
This is what the Federal Reserve said, according to old dollars
The Fed and the Treasury Department’s Bureau of Engraving and Printing are revamping banknote designs to make counterfeiting more difficult, but they are not intended to make old banknotes obsolete.
Finally, it is the policy of the United States Government and its institutions that all banknote designs retain their legal value and validity for the making of payments regardless of when they were printed.
Source: Ambito
