2007-01-11 02:42:39 · 13 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
A quick google reveals that this question was asked of Gordon Brown, the Chancellor in a written question to parliament on the 14 Mar 2005, to which the answer came back:
"The life of a Bank of England banknote in normal circulation averages between 12 to 18 months for the £5; three to four years for the £10 and £20; and over five years for the £50."
That's about an official answer as you will ever get without phoning the Bank of England!
2007-01-11 03:03:29 · answer #1 · answered by Mental Mickey 6 · 0⤊ 0⤋
This article would indicate that the £5 note only lasts about a year whilst the £50 can survive up to five years. Presumable the other denominations fall between these extremes.
2007-01-11 02:51:48 · answer #2 · answered by tringyokel 6 · 2⤊ 0⤋
About 2 seconds in my sons hands
2007-01-11 02:46:26 · answer #3 · answered by Anonymous · 1⤊ 0⤋
About 9 months, that is why the pound note went, coins last longer
2007-01-11 02:53:08 · answer #4 · answered by Anonymous · 0⤊ 0⤋
In my purse ? less than 5 mins, If spending money was an olympic event I'd get the Gold medal!!!!
2007-01-11 02:47:32 · answer #5 · answered by Anonymous · 0⤊ 0⤋
nice one newgran about 20 years
2007-01-11 02:50:09 · answer #6 · answered by IAN S 3 · 0⤊ 0⤋
I think it's about 6 weeks for a fiver.
2007-01-11 02:50:59 · answer #7 · answered by FUGAZI 5 · 0⤊ 0⤋
5 minutes in my pocket
2007-01-11 02:47:13 · answer #8 · answered by Anonymous · 0⤊ 0⤋
I think it's around 30 years....
2007-01-11 02:47:01 · answer #9 · answered by KB 2 · 0⤊ 0⤋
It doesnt last long in my pocket
2007-01-11 02:48:00 · answer #10 · answered by Anonymous · 0⤊ 0⤋