The U.S. Mint announced a redesign of the $5 bill, also known as a “fin,” a “five-spot,” or just a “fiver.” Features including the security thread and the watermark were moved or otherwise enhanced in the redesign to reduce the likelihood of counterfeit bills popping up. The new $5 bills are expected to go into circulation next spring; a redesign of the C-note — the $100 bill — will follow sometime afterward.
Today’s online announcement comes on the heels of the news the U.S. dollar dipped not only to a new low against the euro, but it’s also on par with the Canadian dollar for the first time in almost 31 years.
Our economy is “sigh” inducing.