There is very little time left to get rid of these types of dollars if you still have them in your possession.
Given the imminent announcements from the Federal Reserve (FED) of the United Statesthe Bureau of Engraving and Printing (BEP) and the organizations in charge of combating counterfeit dollar billsmeasures have been taken where certain old copies will be affected and will be removed from circulation.
Given this situation, the Central Bank of the Argentine Republic has taken action on the matter by informing Argentine savers until when do they have time to deposit this type of bills to send them to the northern country with the aim of changing them and receiving the newest and most current ones.
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Which 100 dollar bills will stop circulating in Argentina
It is true that the North American country is in a process of renewing all its existing banknotes, but in this case, the BCRA referred only to the copies of 100 dollars issued prior to 1969that is, those known as “small face” that cause so much trouble among savers and street vendors. In this sense, he reported that he will receive this type of bills until on December 31, 2024.
However, this may have the opposite effect in the future. When they are taken out of circulation, it is likely that banknote collectors or numismatic fans will begin to give them a value outside the face value, as they usually do with all copies that are difficult to obtain, but nothing is guaranteed.
Tickets are modified: When will the renewals occur?
The plan of renewal of US dollars will begin in 2028and the first to be renewed and redesigned will be the $50 copies. Then in 2030 it will be the turn of the 20-dollar ones, and between 2032 and 2035 it is estimated that the 5-dollar ones will be ready to go into circulation.
Finally, between the years 2034 and 2038, the largest renewal of $100 bills in memory will take place.
Source: Ambito
