Q. How many different combinations can you make change for a $1 bill?

sccnews-moneyfacts

A. 293 Ways to make change for $1

Here are some additional interesting money facts from our October Newsletter:

  1. One (1) US Dollar bill weighs 1 gram. ($1,000,000 in singles weighs over 1 ton; and a suitcase containing $1,000,000 in $100 bills would weigh over 20 pounds)
  2. Average lifespan of a $1 bill is 18 months ($5 bill is 2 years; $10 bill is 3 years; $20 bill is 4 years).
  3. Only 8% of the world’s currency transactions involve physical money, with 92% being digital.
  4. The United States $1 bill has 13 references to the number ’13’ – relating to the original 13 colonies. (i.e. 13 steps on the pyramid, 13 stars above the eagle, 13 arrows in the eagle’s talons, etc.)
  5. Cost of manufacturing one (1) penny is almost $0.02 (not a great business model!).
  6. Loose change facts:
    a. TSA collected over $750,000 in loose change last year at airport security checkpoints across the country.
    b. Households in the US have an average of $56 in loose change in their house.
  7. Prior to the Federal Reserve in 1913, each bank printed its own money.
  8. If you had $10 in your pocket and no debt, you would be wealthier than 25% of Americans.
  9. The US Secret Service was originally created to stop money counterfeiting.

Source: https://www.moneysmartguides.com/fun-facts-about-money-i-bet-you-didnt-know