American money
Money in the United States is the U.S. dollar. One dollar is worth 100 cents. We write dollars with a $ sign and cents with a ¢ sign.
- $1 = 100¢
- $5 = 500¢
U.S. money comes in coins and bills.
U.S. coins
| Coin | Value | Who is on the front | Colour |
|---|---|---|---|
| Penny | 1¢ | Abraham Lincoln | copper (brown) |
| Nickel | 5¢ | Thomas Jefferson | silver |
| Dime | 10¢ | Franklin D. Roosevelt | silver, small and thin |
| Quarter | 25¢ | George Washington | silver |
| Half dollar | 50¢ | John F. Kennedy | silver, large |
| Dollar coin | $1 | various designs | gold-coloured |
Fun facts:
- The dime is the smallest coin, but it’s worth more than the penny and the nickel!
- The quarter is worth one-fourth, or a quarter, of a dollar.
- Many quarters have special designs on the back, showing states, national parks and famous Americans.
- In 2025, the U.S. Mint made its last pennies for everyday use, because each one cost more than a cent to make. Pennies are still real money, and people can keep using the ones they have.
U.S. bills
U.S. bills are made of a special paper, mostly cotton and linen. They are mostly green, so people sometimes call money "greenbacks."
| Bill | Who is on the front |
|---|---|
| $1 | George Washington |
| $2 | Thomas Jefferson |
| $5 | Abraham Lincoln |
| $10 | Alexander Hamilton |
| $20 | Andrew Jackson |
| $50 | Ulysses S. Grant |
| $100 | Benjamin Franklin |
Newer bills have touches of colour and special security features, like pictures that change colour when you tilt them.
Who makes U.S. money?
- The U.S. Mint makes coins.
- The Bureau of Engraving and Printing prints bills.
Counting money
Start with the biggest coin or bill, then count up.
Example: 2 quarters + 1 dime + 3 pennies
- 25¢ + 25¢ = 50¢
- + 10¢ = 60¢
- + 1¢ + 1¢ + 1¢ = 63¢
Ways to make $1
- 1 one-dollar bill
- 4 quarters
- 10 dimes
- 20 nickels
- 100 pennies
- 2 half dollars
Counting by…
- pennies: count by 1s
- nickels: count by 5s
- dimes: count by 10s
- quarters: count by 25s (25, 50, 75, 100)
Making change
When you pay more than the price, you get change back.
Example: A pencil costs 75¢. You pay with $1 (100¢). Your change is 25¢, one quarter.
Paying today
Many people use debit cards, credit cards and phones instead of cash, but knowing coins and bills helps you understand money.
Try it yourself
- Sort coins by type. Who is on each one?
- Count a small pile of coins.
- Find three ways to make 50¢.
- Set up a pretend store with price tags and make change.
- Look closely at a quarter. What’s on the back?
Quick recap
- The U.S. uses dollars and cents; 100 cents = $1.
- Coins include the penny, nickel, dime, quarter, half dollar and dollar coin.
- Bills include $1, $2, $5, $10, $20, $50 and $100, each with a famous American.
- The U.S. Mint stopped making pennies for everyday use in 2025, but pennies are still money.
- Count money by starting with the biggest value.