The US government printed more money in February 2010 than in January, according to the agency responsible for manufacturing US currency. However, the total value of the notes was slightly less than the prior month.
The Bureau of Engraving and Printing (BEP) last week released the latest production figures for February which show it made $1s, $5s, $20s and $100s during the month.
Combined, the BEP produced 504,476,000 banknotes with a total value of $14,098,800,000. In contrast, January figures came in at 487 million notes for just over $14.1 billion.
While it did not print any $5s to start the first month of the year as it did in February, the biggest value difference came from the nearly 10,000 more $100s in January.
Notes by Denomination, Volume and Value
February 2010
Denomination | Total Printed | Total Value |
$1.00 | 83,200,000 | 83,200,000 |
$5.00 | 58,240,000 | 291,200,000 |
$10.00 | 0 | 0 |
$20.00 | 282,240,000 | 5,644,800,000 |
$50.00 | 0 | 0 |
$100.00 | 80,796,000 | 8,079,600,000 |
Total | 504,476,000 | 14,098,800,000 |
Spread across the 28 days in February, the BEP averaged 18 million notes per day with a total daily value of about $503.5 million.
The agency also produced a variety of $1, $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 February 2010
Facility at Fort Worth, TX
Facility at Washington, DC