The History of U.S. Currency

By tracing our currency back to the colonial era, we can explore how American history has helped shape the way we design, issue, and process modern U.S. banknotes.

Periods of Influence

The following centuries proved to be pivotal for the development of our nation's currency. Explore the timeline for an in-depth look.

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2000s

2003

The Redesigned $20 Note

$20

The new-design $20 note features subtle background colors of green and peach. The $20 note includes an embedded security thread that glows green when illuminated by UV light. When held to light, a portrait watermark of President Jackson is visible from both sides of the note. In addition, the note includes a color-shifting numeral 20 in the lower right corner of the note.

Image: , CEP Website

2004

The Redesigned $50 Note

$50

The currency redesigns continue with the $50 note, which features subtle background colors of blue and red. The $50 note includes an embedded security thread that glows yellow when illuminated by UV light. When held to light, a portrait watermark of President Grant is visible from both sides of the note. In addition, the note includes a color-shifting numeral 50 in the lower right corner of the note.

Image: , CEP Website

2006

The Redesigned $10 Note

$10

The new-design $10 note features subtle background colors of orange, yellow, and red. The $10 note includes an embedded security thread that glows orange when illuminated by UV light. When held to light, a portrait watermark of Treasury Secretary Alexander Hamilton is visible from both sides of the note. In addition, the note includes a color-shifting numeral 10 in the lower right corner of the note.

Image: , CEP Website

2008

The Redesigned $5 Note

$5

The new-design $5 note features subtle background colors of light purple and gray. The $5 note includes an embedded security thread that glows blue when illuminated by UV light. Two watermarks are featured in the $5 note, which are visible from both sides of the note when held to light. A vertical pattern of three numeral 5s is situated to the left of the portrait and a large numeral 5 is located in the blank space to the right of the portrait.

Image: , CEP Website

2013

The Redesigned $100 Note

$100

In its first redesign since 1996, the new-design $100 note features additional security features including a 3-D Security Ribbon and color-shifting Bell in the Inkwell. The new-design $100 note also includes a portrait watermark of Benjamin Franklin that is visible from both sides of the note when held to light.

Image: , CEP Website

2015

Federal Reserve Currency Website

The Federal Reserve Board launches uscurrency.gov to inform the public about the security and design features of Federal Reserve notes. This website offers multi-lingual educational materials free for public use.

Image: , CEP Website

2020

Banknote Recycling

The 12 Federal Reserve Banks repurpose banknotes not fit for circulation. The banks shred and reuse money that is too worn or dirty for a number of purposes, such as insulation or compost.

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2021

Women’s Impact in the History of U.S. Currency

$1, $5

For the first time in history, two women’s signatures appear on Federal Reserve notes. U.S. Treasurer Chief Lynn Malerba and U.S. Treasury Secretary Janet Yellen will have their signatures featured on Series Year 2021 banknotes. Janet Yellen is the first woman to serve as the U.S. Secretary of the Treasury, while Chief Lynn Malerba is the first Native American to serve as the U.S. Treasurer. 

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