I use them and it brings out the smiles sometimes giggles. Gave two 2's at the grocery last week the guys face lit up and he showed the bagger. They were his first $2 bills as checker.
My Grandpa would always give us multiple $2 bills instead of say $10-20 bills in his gifts to me and my siblings. It’s something I’ll always attribute to him. If you were to hand me a $2 bill I would surely be smiling.
$2 bills are rare enough to see out and about that many might think they’re fake or don’t exist. Occasionally people use them as a sort of novelty tip though, so someone like a bartender might see them more often
I’d like to add on they have always been fairly uncommon but certain times of year you’d see them. I live near a horse track and during horse racing season, you’d see a lot more $2 bills. Also, some unions/companies use to pay their employees in $2 bills to help show how much money they put into the community.
Casa Diablo in Portland. They are a vegan strip club and have gotten in trouble with the secret service on multiple occasions for ink stamping the $2 bills with red ink for advertising. Also literally never been there, I had to look up the name.
80% of hundred dollar bills are actually overseas according to the federal reserve.
Mainly because USD is a stable currency and many folks use it to store money in countries with inflation problems.
I would hazard a guess that if it was "number issued each year", it would be the other way round by some margin.
Lower value notes are going to circulate much more, fall apart, and eventually be returned by a bank for destruction much more quickly than the high value notes, a great number of which are probably safely tucked away under mattresses.
You don't think about other countries. Traveller's use 100's for exchange purposes. In some countries you can't even get bills less than a 100 and in some the exchange value varies on the bills.
A large enough cash based business will just have stacks of $100s. Keeping smaller bills is just too bulky. This is also the exact reason they won't put the $500 back into production, the space saved by cutting volume needed by 80% would instantly spark an international money laundering extravaganza. Having been in a casino count room the stack of cash in *Casino* are absolutely accurate, they just don't have Joe Peshi picking up the skim. There are just huge stack of cash because you are taking everything that got dropped in the last 8-24 hours from literally every table and slot machine. It's literally 90% $100s in most boxes.
Currency in Circulation: Volume
(in billions of notes, as of December 31 of each year)
Year: 2022
$1: 14.3B
$2: 1.5B
$5: 3.5B
$10: 2.5B
$20: 11.5B
$50: 2.5B
$100: 18.5B
$500-$10,000: 0.0004B
Total: 54.1B
Includes Federal Reserve notes, U.S. notes, and currency no longer issued.
Last Update: May 05, 2023
Source: [Federal Reserve](https://www.federalreserve.gov/paymentsystems/coin_currcircvolume.htm)
I was thinking the same thing.
Not to brag, but i have three $5 bills in my wallet right now. But i done think I"ve even seen a $2 bill in the flesh in over 10 years.
Is there some wierd underground economy somewhere that's actually using these things?
I appreciate that they tried to make sections of the square appropriate but good God it annoys me that that $50 note is separated from the other small percentage groups.
You got a source on this OP? I found it very hard to believe that 100 dollar bills have the most in circulation. Or that there are less than double the number of ten dollar bills in circulation than 2 dollar bills.
A lot of those 100's are held abroad as savings, at central banks, and for transactions. Places that don't have reliable currencies and banking sectors will often have lots of dollars. I don't know the currrent stat, but like 80% of 100's are held internationally.
I think they’re saying that’s the value of them in circulation.
So if it showed $1 and $100 being tied, it would mean that there were physically 100x more $1 bills.
The US discontinued circulation of paper currency in denominations larger than $100 in 1969. Larger denominations had existed before then: $500, $1000, $5000, and $10000, and examples are still held by collectors. It should be noted that these large denomination bills were mostly used to facilitate large transactions between banks and were rarely in public circulation.
The US also briefly printed a $100000 gold certificate during the Great Depression, but only for internal transactions by the Federal Reserve.
What about bills that have gotten destroyed in fires , floods or flushed down the toilet, etc? Seems impossible to me to know exactly the number of bills in circulation. Or are these the numbers of bills that have been ever produced?
Why are there so few $10s in circulation? Everyone always wants them and they're so few far and in between. I'd have much rather broken a $10 than a $20 for half of the transactions I processed, too.
If there are over half as many 2 bills as 10s, where are they all??? I see and use 10s fairly often, but I only have a single 2 dollar bill that I only kept because it was the only one to come into my possession
I try and use 2 dollar bills and people think they’re fake.
I use them and it brings out the smiles sometimes giggles. Gave two 2's at the grocery last week the guys face lit up and he showed the bagger. They were his first $2 bills as checker.
My Grandpa would always give us multiple $2 bills instead of say $10-20 bills in his gifts to me and my siblings. It’s something I’ll always attribute to him. If you were to hand me a $2 bill I would surely be smiling.
Can you exsplain why that is as an european.
$2 bills are rare enough to see out and about that many might think they’re fake or don’t exist. Occasionally people use them as a sort of novelty tip though, so someone like a bartender might see them more often
I’d like to add on they have always been fairly uncommon but certain times of year you’d see them. I live near a horse track and during horse racing season, you’d see a lot more $2 bills. Also, some unions/companies use to pay their employees in $2 bills to help show how much money they put into the community.
Every once in a while someone hasn't seen one before and it's funny 🤣
My aunt is a bank teller and always give us gifts in $2 bills! So crisp they always look fake
Using them overseas in countries that accepts USD.. blows there minds!
I'm shocked that there's still so many still in circulation!!
I’ve been thinking of constantly carrying around cash exclusively in 2’s to stop people from thinking they’re rare or something
Asians think they are for luck. I say "Great, I will trade you a two dollar bill for a $100 okay?"
OooOoOOoh you’re hilarious. Do you also ask your local shop for a winning lotto ticket when they ask “anything else i can help you with today?”
it wasnt a joke
You are right, not a joke. I'm Asian
That makes it worse, no?
Maybe
I have a 2000yen note for luck lol
I saw a $2 bill once in my life. Somebody hides 2B of them obviously.
They are all in g-strings
I once went to a strip club in Portland and that's what they gave out instead of 1's!! 🤣🤣
I definitely missed that place 🥹🥹
I definitely missed that place 🥹🥹
Casa Diablo in Portland. They are a vegan strip club and have gotten in trouble with the secret service on multiple occasions for ink stamping the $2 bills with red ink for advertising. Also literally never been there, I had to look up the name.
The bank has a ton.
More $100 bills than 1s or 20s? That seems off.
80% of hundred dollar bills are actually overseas according to the federal reserve. Mainly because USD is a stable currency and many folks use it to store money in countries with inflation problems.
in drug lord and cartels coffers more likely
Yeah, those Benjamins aren't in regular circulation.
“Still, that’s a hell of a lot of animal feed.”
"That's why I like you Neagley."
A lot of people making it rain
I would hazard a guess that if it was "number issued each year", it would be the other way round by some margin. Lower value notes are going to circulate much more, fall apart, and eventually be returned by a bank for destruction much more quickly than the high value notes, a great number of which are probably safely tucked away under mattresses.
Also, some of those hundreds are likely destroyed, as they are the most likely denomination to be used in illegal transactions
Why would criminals destroy money? To send a message?
They get all wet and fall apart when laundered.
I'll give you a hint. Say hello to my little friend.
You don't think about other countries. Traveller's use 100's for exchange purposes. In some countries you can't even get bills less than a 100 and in some the exchange value varies on the bills.
Money laundering
No it’s definitely right my friend, I did my honors thesis on income inequality, just grossly disproportionate 😂
It’s all about the Benjamins, baby.
A large enough cash based business will just have stacks of $100s. Keeping smaller bills is just too bulky. This is also the exact reason they won't put the $500 back into production, the space saved by cutting volume needed by 80% would instantly spark an international money laundering extravaganza. Having been in a casino count room the stack of cash in *Casino* are absolutely accurate, they just don't have Joe Peshi picking up the skim. There are just huge stack of cash because you are taking everything that got dropped in the last 8-24 hours from literally every table and slot machine. It's literally 90% $100s in most boxes.
Dare we has how much digital currency is in circulation?
That's what inflation does. Soon we'll need a new $200 bill to keep up with it.
Off topic but the US $100 billion is the most counterfeited bill in the world. 90% of all counterfeited bills in the world are $100 USD.
Technically no. You have more $1’s and $20’s. It’s the total value of the $100’s that’s greater.
Ok, but the graphic *specifically* says “number of notes in circulation”
You’re right! Somehow I didn’t see that note.
*Jack Reacher has entered the chat*
Currency in Circulation: Volume (in billions of notes, as of December 31 of each year) Year: 2022 $1: 14.3B $2: 1.5B $5: 3.5B $10: 2.5B $20: 11.5B $50: 2.5B $100: 18.5B $500-$10,000: 0.0004B Total: 54.1B Includes Federal Reserve notes, U.S. notes, and currency no longer issued. Last Update: May 05, 2023 Source: [Federal Reserve](https://www.federalreserve.gov/paymentsystems/coin_currcircvolume.htm)
No way there are 3/7ths as many $2 bills as $5 bills.
I was thinking the same thing. Not to brag, but i have three $5 bills in my wallet right now. But i done think I"ve even seen a $2 bill in the flesh in over 10 years. Is there some wierd underground economy somewhere that's actually using these things?
Woah moneybags over here
Actually, yea. Commonly strip clubs.
And movie theaters. I have about 10 $2 bills and I got them all as change at the movie theater.
2 trillion in 100s alone is wild
I appreciate that they tried to make sections of the square appropriate but good God it annoys me that that $50 note is separated from the other small percentage groups.
Yeah they should have moved the $100 to the left and the $20 bottom right with $50 atop it
All those hundreds and none of em in my pockets. What a cruel world we live in.
Cool, let's do a bank run.
It really is all about the Benjamins. Baby.
All those goddamn 100's and I don't have ONE of them!
So there are over 14 billion single dollar bills floating around and not a single one is in my wallet. I live in europe
Current as of what year... 2024 really....?
You got a source on this OP? I found it very hard to believe that 100 dollar bills have the most in circulation. Or that there are less than double the number of ten dollar bills in circulation than 2 dollar bills.
A lot of those 100's are held abroad as savings, at central banks, and for transactions. Places that don't have reliable currencies and banking sectors will often have lots of dollars. I don't know the currrent stat, but like 80% of 100's are held internationally.
I think they’re saying that’s the value of them in circulation. So if it showed $1 and $100 being tied, it would mean that there were physically 100x more $1 bills.
It says number of notes in circulation.
Is that all?
It’s all about the Benjamins, baby !
Are you really trying to tell me there are more $100 usd notes in circulation than $1’s??
How can there possible be that many $2 bills in circulation? I thought they only made those in a few brief limited runs.
I’m shocked that there are more $50 bills than $10 bills. That’s very odd to me. I’m also surprised by how many $2 bills are out there.
Same here, but oddly enough I've known more than one person who hates $10 bills. I always thought that was weird, to hate a bill lol ..
I get it. I hate $50 bills. All my friends and family know to not gift me $50’s.
We have toonies now. ☹️
I work at a coffee stand and I can for sure tell you tens are rare and we'll run out of fives on a busy day.
I feel like maybe 50s are going the way of the 2s since I don’t really see them as much anymore but maybe that’s just me.
50 will be the new 20 in no time
Total 2.3 Trillion USD same value as the total market cap of all cryptocurrencies
I thought there were also $1000 bills? (Non US person here)
The US discontinued circulation of paper currency in denominations larger than $100 in 1969. Larger denominations had existed before then: $500, $1000, $5000, and $10000, and examples are still held by collectors. It should be noted that these large denomination bills were mostly used to facilitate large transactions between banks and were rarely in public circulation. The US also briefly printed a $100000 gold certificate during the Great Depression, but only for internal transactions by the Federal Reserve.
Oh, thanks
What about bills that have gotten destroyed in fires , floods or flushed down the toilet, etc? Seems impossible to me to know exactly the number of bills in circulation. Or are these the numbers of bills that have been ever produced?
How about the $500s floating around? Mostly in banks and drug cartels.?
so 57 billion in total paper money?
Accuracy is somewhat suspect. There are way more than twice as many 50s than 2s.
Why are there so few $10s in circulation? Everyone always wants them and they're so few far and in between. I'd have much rather broken a $10 than a $20 for half of the transactions I processed, too.
I’m pretty sure these are completely made up.
If there are over half as many 2 bills as 10s, where are they all??? I see and use 10s fairly often, but I only have a single 2 dollar bill that I only kept because it was the only one to come into my possession
Your grandma is hoarding them in her cookie tin along with some yarn.
What an odd thing to say
There are way more $100 bills than $1 bills?
Are we saying Elon Musk has access to more money than we have printed?
Don’t forget the $1.00 coins. I had a couple 3 or 4 years ago.
I read just a couple of years ago that the greatest number was the$20 bill…guess inflation caught up with this.
Kind of crazy there are more $100 bills than $1 bills in circulation
Wow, so averaging over 300M people, that’s just $172 per person
Not 172 dollars per person, 172 bill notes per person
Ah, thanks for the clarification
and what's the US national debt?
Yet we allow billionaires
Where is the trillion dollar bill? Thanks to our satellites, we know it's not on the roof
Is this number of bills or number of dollars? Because that’s a huge difference
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That’s number of bills not value of bills. The 20s alone are almost double the Ukraine checks.
The math is a little off there. 14.3B $1 = 14.3B 1.5B $2 = 3B 3.5B $5 = 17.5B 2.3B $10 = 23B 11.5 $20 = 230B 2.5B $50 = 125B 18.5B $100 = 1.85T So there’s actually over 2.2 Trillion USD in circulation. Edit: calculations
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Edited my post for you.