The infographic provides a detailed look at the average lifespan of various U.S. currency denominations, revealing intriguing patterns in their durability. Notably, the $100 bill stands out with a significantly longer lifespan of 15 years, which is more than double that of the $1 bill, which lasts about 5.8 years. This discrepancy can be attributed to the frequency of use; smaller denominations like the $1, $5, and $10 bills are used more frequently in daily transactions, leading to quicker wear and tear. In contrast, the $100 bill is often used for savings and less frequent transactions, contributing to its extended lifespan. The $50 bill also shows a relatively long lifespan of 8.5 years, while the $20 bill, despite being a common denomination, lasts about 7.9 years. This data highlights the impact of usage patterns on currency durability, with smaller denominations requiring more frequent replacement. The infographic also touches on the process of handling damaged bills, noting that the Treasury Department processes around 30,000 claims annually, valued at $30 million. Additionally, old bills are shredded and recycled into building materials, showcasing an environmentally conscious approach to currency management. Overall, the infographic provides a comprehensive overview of the lifecycle of U.S. currency, emphasizing the practical and economic considerations involved in maintaining the nation's cash supply.
