Currency

The Currency channel explains all you ever wanted to know about dollars and cents. Check out these articles for in-depth information on what happens to money in the economy (or in your washing machine.)


An 1864 law bars living people from appearing on U.S. currency. What do you have to do to get your grill on a bill?

It's adios, Old Hickory, as the freedom fighter replaces the slave-owning president. The U.S. Treasury also says Hamilton will remain on the $10 bill.

Why aren't there numbers on American coins? The words "dime," "penny" and "nickel" sure don't convey anything obvious. Is the U.S. just being inhospitable to guests?

No one knows the exact amount of money lost or thrown out, but it's a lot more than you might imagine. One man made more than $20,000 picking up loose change every day for 10 years.

Unlike dollars, pounds or yen, bitcoins aren't backed by any government. They're a completely decentralized form of money. Is the world ready for virtual currency?

The idea of minting a trillion-dollar coin to pay the U.S. national debt seemed intriguing, if far-fetched. Though it was nixed by the Fed and the Treasury, could it have worked – and why?

For the people of Anuta, money is an afterthought, not a reason for being. How does a gift economy work, and can generosity and gratitude alone really keep a community going?

The Federal Reserve is responsible for tracking all of the money in circulation and on deposit in the United States. That's a formidable job for just one country, so how does one count all of the money in the world?

Learn why Lincoln and Jefferson don't face left like all the other presidents on U.S. coins.

You can trade your dollars in for gold bullion from Fort Knox whenever you want -- right? Maybe not.

What exactly is the cost of money? What are the fundamentals of exchanging dollars for other currency? We'll explore these questions, plus give tips for money-changing travelers.

With the introduction of the new $20 bill, the U.S. Treasury has introduced a whole new element to the dollar: color. Learn about the new look of the currency and about the benefits of the new features.

What is currency, exactly? We all know currency is a piece of paper or metal you can trade for stuff you need or want, but who decides what your money is worth? And why does its value fluctuate?

Believe it or not, the Euro was the idea of Winston Churchill in 1946, when he suggested the creation of the "United States of Europe."

Some dollar bill serial numbers have a star at the end of the serial number. What does it mean?

On the back side of the United States $1 bill is a picture of a pyramid with an eye on top along with a Latin verse. Find out the significance of the picture and the meaning of this Latin verse.

Why doesn't washing paper money cause it to disintegrate? Learn how paper bills are made to withstand excessive use (or misuse!).

How much would all the money in the world weigh and how much would it be worth? Find out what "all the money in the world" really means.

The mint began producing state quarters in 1999. Learn about the schedule of state quarter minting.

Ever wondered why the stock exchange is valued at 15 trillion dollars, while the amount of money in the U.S. is only 6 trillion? Learn why the stock exchange can be valued higher than a nation's total financial value.

Have you ever wondered how a dollar bill changer converts your bills to change? Learn how a dollar bill changer works.