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In & Out
Find out how money is put into and taken out of circulation. See what $1.35 million looks like in a Fed currency cart and marvel at a 25-foot tower of $100 million in shredded money.
Fed Facts:
- The average $1 note is in circulation less than two years, while a $100 note may last for up to eight years.
- The Philadelphia Fed will process about $30 million in coin a year.
- In an average year, the Philadelphia Fed destroys about $6 billion worth of unfit currency — over $100 million a week! To offset the loss, the Fed orders new currency from the Bureau of Engraving and Printing. About 30% of all notes processed by the Fed are destroyed.
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