Why the Change the $5 Bill?īefore the 1996 redesign, the $5 bill had been the same since 1929. This left the 1995 $5 bill in limbo after a small push a couple years earlier to update cash, which is why it’s one of the most unique modern bills you can find. It was an overhaul with significant changes in appearance and security, perfectly timed for a new millennium. paper currency in 1996.ġ996 was not the first time changes had been made. In this case, the 1995 $5 bill’s value comes from the Federal Reserve’s decision to redesign the U.S. The quote “It is important to recognize that our payments system will always be in a state of transition,” is a sentiment that captures the broad fascination numismatists have with currency.
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