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Small-size notes entered circulation in 1929. However, printing had begun the year before so the first small-size series of most denominations was dated 1928.

Older bills were often called "horse blankets" due to their size, approximately 187 × 79 mm, while small-size bills are 156 × 66.3 mm. That shrinkage produced significant savings in production and transportation costs as well as being more convenient for carrying in wallets and purses.

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Q: When did the size of the US dollar bill change?
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