US Government Prints 519.1 Million Notes in April 2010

by CoinNews.net on May 24, 2010 · 0 comments

BEP Production FiguresThe U.S. government printed less money in April than in March, but more than any other month in 2010, according to the agency responsible for manufacturing U.S. currency. The value of the notes produced in April was also the second highest month this year.

The Bureau of Engraving and Printing (BEP) on Thursday released the latest production figures for April which show it made $1s, $5s, $20s and $100s — the same denominations as in March and February. $10s and $50s have not been printed since since June 2009.

Combined, the BEP produced 519,136,000 banknotes that had a total value of $21,735,680,000. By comparison, March figures were 605.952 million notes for over $22.138 billion. February figures came in at 504.476 million notes for just over $14.098 billion, while January registered 487 million notes worth slightly more than $14.1 billion.

The biggest difference between the two prior months was the amount of $20s. April was about 59% of March’s level, accounting for a value difference of over $1.9 billion. Fewer $1s were also produced to the tune of $5.1 million. The only denomination to increase in April was the $100, with just over 15.4 million more made.

Notes by Denomination, Volume and Value

April 2010

Denomination Total Printed Total Value
$1.00 97,280,000 97,280,000
$5.00 96,640,000 483,200,000
$10.00 0 0
$20.00 142,080,000 2,841,600,000
$50.00 0 0
$100.00 183,136,000 18,313,600,000
April Totals 519,136,000 21,735,680,000

 

March 2010

Denomination Total Printed Total Value
$1.00 102,400,000 102,400,000
$5.00 96,640,000 483,200,000
$10.00 0 0
$20.00 239,232,000 4,784,640,000
$50.00 0 0
$100.00 167,680,000 16,768,000,000
March Totals 605,952,000 22,138,240,000

 

Spread across the 30 days last month, the BEP averaged over 17.3 million notes per day with a total daily value of about $724.5 million.

The agency also produced a variety of $1, $5, $20 and $100 star notes. Star notes are replacements for misprinted notes or certain serial numbers, like 000 000 000. As they are rarer, money collectors generally find them more desirable.

BEP Note Production in April 2010

Facility at Washington, DC

BEP Note Production in April 2010 at Washington, DC

Facility at Fort Worth, TX

BEP Note Production in April 2010 at Fort Worth, TX

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