Have you ever noticed that you don't see $100 bills very frequently? This is because only about a third of $100 bills in circulation are held by people in the United States. High demand for U.S. currency in the world economy has caused a large number of $100 bills to circulate in other countries. The demand for U.S. currency overseas has been growing steadily since the 1990's. Foreign companies often prefer to do their business transactions in U.S. dollars and many individuals prefer U.S. currency for their savings.
More about the U.S. economy:
- Founding Father Benjamin Franklin appeared on the $100 bill for the first time in 1914.
- As of 2015, the United States has an annual gross domestic product (GDP) growth of 2.4%.
- As of 2015, the median household income in the United States is $55,775 USD.