Life Cycle Infographic (2024)

The Life Cycle of a Federal Reserve Note

  1. 1 Design
  2. 2 Order
  3. 3 Production
  4. 4 Issuance
  5. 5 Circulation

This life cycle involves collaboration between these government partners

  • Life Cycle Infographic (6) The Federal Reserve Board
    (FRB)
  • Life Cycle Infographic (7) The U.S. Department of Treasury and its Bureau of Engraving and Printing
    (BEP)
  • Life Cycle Infographic (8) The U.S. Secret Service
    (USSS)

1

Design

Life Cycle Infographic (9) Life Cycle Infographic (10) Life Cycle Infographic (11) Life Cycle Infographic (12) Life Cycle Infographic (13)

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New note designs include a portrait of a famous American statesman and images that reflect aspects of the nation’s history, as well as the latest anti-counterfeiting features.

Did
you
know?

It is a 10 year apprenticeship to become a banknote engraver.

Life Cycle Infographic (15)

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2

Order

The order is based on the FRB’s estimate of public demand of currency for the upcoming year and how much currency they estimate will be destroyed because it is unfit to circulate.

Life Cycle Infographic (24)

Did
you
know?

More than 70% of the notes in the print order are notes that will be used to replace notes considered to be unfit and removed from circulation.

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Life Cycle Infographic (27)

3

Production

Producing a sheet of notes takes several days and uses a variety of presses and printing techniques.

Once printed, the sheets pass through a quality control system that accepts or rejects each sheet within 0.3 seconds.

Life Cycle Infographic (29)

Did
you
know?

Life Cycle Infographic (30) Life Cycle Infographic (31)

Currency paper composition

Currency is printed on

32 and 50 subject sheets

Life Cycle Infographic (32)

4

Issuance

When the FRB issues U.S. currency to Federal Reserve Banks, the pieces of paper printed at the BEP become lawful money.

Life Cycle Infographic (33)

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Did
you
know?

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The Federal Reserve Banks provide cash services to over 8,400 financial institutions in the United States

5

Circulation

Federal Reserve Banks process notes to ensure that they are genuine and fit for recirculation. Suspected counterfeit notes are sent to the USSS.

Life Cycle Infographic (38)

Life Cycle Infographic (39)

Life Cycle Infographic (40) Life Cycle Infographic (41)

The Federal Reserve Banks’ cash offices distribute banknotes to the public through commercial banks, credit unions, and savings and loan associations.

Life Cycle Infographic (42)

Life Cycle Infographic (43)

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Life Cycle Infographic (46) Life Cycle Infographic (47)

Did
you
know?

There is more than $2.2 trillion worth of federal reserve notes in circulation

Life Cycle Infographic (2024)

FAQs

What is the life cycle diagram? ›

A life cycle diagram is used to depict the different stages in the life of an organism. However, life cycles can also be used for products, ideas, data, resources, and other things that pass different stages throughout their existence.

What is the life cycle of a design? ›

The general stages of the design life cycle include Definition, Design, Development, Testing, and Release/Maintenance. These stages can vary or be adjusted depending on the specific needs of a project.

Which type of infographic visualizes information over a period of time? ›

Timeline infographics are the best type of infographic for visualizing the history of something, highlighting important dates, or giving an overview of events (for example, a project timeline).

How do you explain life cycle? ›

A life cycle is a series of stages a living thing goes through during its life. All plants and animals go through life cycles. It is helpful to use diagrams to show the stages, which often include starting as a seed, egg, or live birth, then growing up and reproducing. Life cycles repeat again and again.

What is a life cycle plan? ›

Life Cycle Planning (LCP) seeks the most cost-effective strategy for managing assets over their entire life by capitalizing on timely and appropriate treatments to extend asset life at the lowest reasonable cost.

What are the 5 elements of infographic? ›

Five key elements of designing an infographic
  • Attracting eyeballs and exciting. ...
  • Communicate accurately, and the information is clear. ...
  • Remove the rough and fine, simple and easy to understand. ...
  • Sight flows and constructs time and space. ...
  • Abandon the words and explain with pictures.

What are the 7 steps in creating an infographic? ›

How to Make an Infographic in 7 Steps
  1. Identify your target audience. ...
  2. Gather your data. ...
  3. Organize your content. ...
  4. Cite your sources. ...
  5. Choose a suitable infographic template. ...
  6. Include a footer with your details. ...
  7. Publish it with an embed code.
Feb 17, 2022

What is the layout of an infographic? ›

An infographic layout refers to the visual arrangement of your design elements and your infographic content.

What is a timeline infographic? ›

A timeline infographic is a visual representation of events or milestones arranged chronologically along a horizontal or vertical axis. It presents information in a sequential format, allowing viewers to understand the progression of time and the relationships between different events.

What is the difference between a chart and an infographic? ›

Useful charts and graphs communicate the meaning of data in a visual way. They give users a way to learn more complex information without only relying on text. Infographics use visual elements to show connections among information, processes, or people. Charts and graphs have usability and accessibility problems.

What is a process infographic? ›

Process infographics are a specific type of infographic, designed to visualize, summarize and simplify processes. They're perfect for visualizing marketing strategies, new employee onboarding, customer journey maps, product guides, recipes and more. EDIT THIS PROCESS INFOGRAPHIC TEMPLATE.

What is the cycle diagram? ›

A Cycle Diagram is simply used to show how a series of events interact repeatedly through a cycle. It normally refers to a repetitive flow of actions/steps which doesn't really have a start and/or a proper end.

What is a project life cycle diagram? ›

The project life cycle is made up of five project stages: project initiation, project planning, project execution, monitoring & control and project closing. Each of these phases is necessary for the effective delivery of the project.

What are the 4 stages of the life cycle? ›

4 stage life cycle (complete metamorphosis). The four stages are egg, larva, pupa and adult.

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