US authorities began a process of redesigning their dollars. I know when it will be and why.
With the aim of reducing cases of banknote counterfeiting and making the work of fraudsters more difficult, the Federal Reserve (FED) and the Bureau of Engraving and Printing (BEP), together with the Advanced Counterfeiting Deterrence Steering Committee (ACD) and the Secret Service, they started a dollar bill redesign process.
Currently, there are a total of seven copies in circulation: USD 1, USD 2, USD 5, USD 10, USD 20, USD 50 and USD 100. And according to the authorities, they will be modified from the 5 dollars onwards. This process will occur throughout this decade.
treasury department
When will the $100 bill change?
The $100 bill is the last on the list of copies that will be modified. Taking into account that as of 2013 there is already a modification where more security measures were included, it will be necessary to wait until mid-2034 for them to enter circulation. It is estimated that it will be between 2034 and 2038.
When will the rest of the dollars be exchanged?
On the other hand, the rest of the tickets will also be modified. Starting with the 10 dollar denomination, which will enter circulation in 2026. Following this, it will be the turn of the 50 dollar bill, which will be redesigned and issued approximately in 2028.
The one that follows these two will be the 20 dollar bill, which will be released in 2030 and later the 5 dollar bill, which is estimated to be issued between 2032 and 2035, being the last to be modified before the aforementioned 100 dollar copy. previously.
Source: Ambito
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