How much money is destroyed each year?

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Question: How much money is destroyed each year?

Answer: Central banks around the world destroy billions of dollars’ worth of worn-out, damaged, or counterfeit bills each year. In the US alone, the Federal Reserve destroys over 5 billion dollars’ worth of currency annually.

How long does it take for a coin to become smooth from circulation?

How much money is lost each year due to wear and tear?