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International Training & Education

About International Training & Education

When redesigned U.S. currency is issued, you don’t have to trade in your old banknotes for new ones.

Every United States currency banknote issued since 1861 is still redeemable today at full face value.

Both the new banknotes and the older-design notes will continue to be legal currency at full face value – there will be no recall or devaluation of any U.S. banknotes.

The U.S. government has never devalued its currency and will not do so now.

Confidence. Trust. Value. That's what the American dollar stands for around the world. This faith in the United States currency is made possible through continuous improvements in currency design and aggressive law enforcement that protect the integrity of U.S. currency by guarding it against counterfeiting.

Toward that end, the United States government issued a new $5 banknote, with enhanced security features, on March 13, 2008. It will be followed by a new $100 banknote.

Newly redesigned $10, $20 and $50 banknotes are already in circulation.

About $770 billion in United States currency circulates worldwide, and the Federal Reserve estimates that as much as two-thirds of that is held outside the U.S. In fact, for millions of individuals worldwide, U.S. currency is a trusted source of savings; and many rely upon the American dollar for their daily transactions.

For this reason, it is important that we inform all users of U.S. currency – both in the U.S. and internationally – about any changes to our currency. The United States government wants to make sure that business and financial communities, foreign exchange companies, law-enforcement groups, banking officials, other cash handlers and, ultimately, the general public around the world know about the new banknote designs and features.

Therefore, the Bureau of Engraving and Printing (BEP) has developed educational materials in more than 20 languages to explain changes in the redesigned currency. These materials can be downloaded free of charge from this Web site. Printed materials are also available to financial institutions, law enforcement, businesses, organizations and the general public free of charge.

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