What is the value of a two dollar bill today?
What was its original value?
Why was it taken out of circulation?
Why was it taken out of original date?
Can you use them anywhere? greeneyes, bluebirdshark@yahoo.com Thanks
2007-12-22 09:41:15 · 2 answers · asked by greeneyes 1 in Business & Finance ➔ Other - Business & Finance
A $2 bill is worth the same today as it has always been at the time it is spent, $2. In the 1950s, it was worth $2 of goods or services, and today it's worth $2 of goods or services. The thing is, inflation eats away at the buying power of cash. The 1950 $2 bill went a lot farther than one does now. That's why it's foolish to hoard cash and change. Money needs to be invested so that it will grow, hopefully, faster than the rate of inflation.
$2 bills haven't been taken out of circulation. They were never popular with the public as currency and the bill was only brought back for a short time in 1976 for the US Bicentennial. They are still valid currency.
2007-12-22 09:50:34 · answer #1 · answered by curtisports2 7 · 1⤊ 0⤋
the value of a two dollar bill has always been two dollars
i believe it was taken out of circulation because it wasn't that popular
you can still find them and use them anywhere
2007-12-22 17:50:45 · answer #2 · answered by ssay10 2 · 0⤊ 0⤋