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The Federal Reserve (in the US, and other country's central banks or the bank that issued the banknote) destroys it and prints new currency.
Wiki User
∙ 13y ago
The lifespan of paper money varies depending on its denomination and condition, but on average, it can last about 4-5 years in circulation. Higher denomination bills tend to last longer due to less frequent use, while lower denomination bills typically wear out more quickly.
Wiki User
∙ 13y agoThe typical lifespan of a one dollar bill is 42 months. The average lifespan increases with denomination, up to 5 years for a one hundred dollar note.
Wiki User
∙ 13y agoEconomically during a sale I would say nothing, as long as the person receiving it accepts it as consideration for your purchase as opposed to handing it back to you.
Wiki User
∙ 11y agohow long will paper money last
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How long does a 5 dollar bill last?
Paper money has an average circulation lifespan of around 7 years.
How long paper money in circulation?
The lifespan of paper money can vary depending on its denomination, usage, and condition. On average, a $1 bill lasts around 6 years, while a $100 bill can stay in circulation for up to 15 years. If bills become too worn or damaged, they are taken out of circulation and destroyed.
How long do polymer notes last in circulation compared with paper notes?
The Reserve Bank of Australia advises that polymer notes last about four times longer than paper notes and are more difficult to counterfeit.
How long will a coin last in circulation?
About 30 years i believe...
How long does a paper last?
a long time
How long does the 50 dollar bill last in circulation?
9 years
How long does a paper bill last?
a long time
How long has paper money been around?
The first paper money used in the United States was in 1862!
What are the advantages of coins?
They last longer than paper money so in the long term they are cheaper to make because they don't have to be replaced as often.
How long does a ten dollar bill last in circulation?
On average about 20 months.
How long does a Canadian paper banknotes last?
4 ever
How long does bounty paper towels last?
Depends on how you use it.
