The $5 bill will get redesigned with a splash of purple and gray in an effort to combat counterfeiters.
The new $5 bill, which was unveiled today but won’t be released until the spring, is very similar to the already redesigned $10, $20 and $50 bills. The changes include new color, watermarks and an updated security thread.
The government wasn’t going to update the $5 bill, but reversed that decision when it was discovered the counterfeiters were bleaching $5 bills and printing fake $100 bills with the bleached paper. The new $5 bills will prevent that scam.