Ramblings of Rick Rockhill. Pet Food Nutrition Industry Veteran. Public Speaker. Student of life, doing what I love. Following my passions and that which inspire me. Advocate for the health benefits of the human-animal bond, animal nutrition, animal advocacy, awareness of prescription drug abuse and the fentanyl crisis. Home is Palm Springs, California, USA.
Friday, August 10, 2007
10 Useless Facts about the US Dollar
1. The U.S. dollar is the currency most used in international transactions.
2. Several countries use the U.S. dollar as their official currency, many others use it in a de facto capacity.
3. In 1995, over US $380 billion were in circulation, two-thirds of which was outside the United States. By 2005, that figure had doubled to nearly $760 billion, with an estimated half to two-thirds being held overseas.
4. If you had 10 billion $1 notes and spent one every second of every day, it would require 317 years for you to go broke.
5. 95% of the notes printed each year are used to replace notes already in, or taken out of circulation. During 2006, 55% of the notes printed were $1 notes.
6. Currency paper is composed of 25% linen and 75% cotton. Red and blue synthetic fibers of various lengths are distributed evenly throughout the paper. Prior to World War I the fibers were made of silk.
7. It takes appriximately 4,000 double folds (first forward and then backwards) before a US note will tear.
8. The average life span of a US note varies by denomination:
Life Span
$1 = 21 months
$5 = 16 months
$10 = 18 months
$20 = 24 months
$50 = 55 months
$100 = 89 months
9. A stack of currency one mile high would contain over 14½ million notes. I think I'll start working on trying to build that stack...
10. One million dollars in $1 bills weighs 2,040 pounds, so if you ever need to move your cash, plan on renting a U-Haul.
Happy Friday to everyone, see you tomorrow for The Saturday Seven!
-Rick Rockhill
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This blog is about life experiences & observations and stuff I am interested in. It is simply a side hobby and creative outlet; generally, with a tongue-in-cheek tone. I don't take it too seriously, nor should you. I do not profess to represent every point of view. Nothing on this site is a paid post.
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9 comments:
Wow. That's a lot of info on the dollar bill. I love random bits of knowledge. Happy Friday! :)
have a great weekend rick and thanks for the $ facts!
smiles, bee
If only I had to worry about how much $1 million weighs! fun post rick. have a great weekend.
All this talk of money makes me wish I had some...
I need a drink!
I discovered in a chat box last night that there is no £ sign on US keyboards but we have $, that's another piece of trivia to do with the $
Nice one Rick!
I once had a boyfriend that could fold a dollar bill into a bowtie. He saved up all his bowties to buy me a watch... (refer to your post of embarassing moments) :)
and both shields on the back are shields of the free masons. hehehehe
Seeeee... I know useless crap too. lmao
Have you ever been to the US Mint where they print? I tried, but they closed them to the public after 9/11. Watched a few shows on the Discovery Channel....amazing stuff!
Fun facts on worn out George. In regards to #9, I'll start my pile with Franklins. ;-)
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