when did the us $2 bill leave circulation
United States two-dollar bill Today, there is a common misconception by the general public that the $2 bill is no longer being produced. According to the Treasury, it "receives many letters asking why the $2 bill is no longer in circulation".[11] In response, the Treasury stated: "The $2 bill remains one of our circulating currency denominations... As of April 30, 2007 there were $1,549,052,714 worth of $2 bills in circulation worldwide."
Silver standard Silver certificates continued to be issued until late 1963, when the $1 Federal Reserve Note was released into circulation. For several years, existing silver certificates could be redeemed for silver, but this practice was halted on June 24, 1968.
History of the United States dollar Bimetallism persisted until March 14, 1900, with the passage of the Gold Standard Act, which provided that:
United States dollar The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution. For most practical purposes, it is divided into 100 smaller cent (¢) units, but officially it can be divided into 1000 mills (₥). The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418).