This new currency can withstand the force of a washing machine

Before you go, we thought you'd like these...

We've all been there – throwing your jeans in the wash and neglecting to remember that you in fact had a folded $10 bill inside your pocket, only to find it worn away and destroyed.

Looks like the U.S. Treasury might want to take a page out of the Bank of England's book.

SEE ALSO: These rare 1-cent coins just sold for a pretty penny

The new five-pound note, which features Winston Churchill, is made of moisture-resistant polymer.

The five-pound note is the first of polymer bank notes to roll out, with a 10-pound note featuring Jane Austen expected to roll out in summer 2017 and a JMW Turner 20-pound note in 2020.

Polymer notes are "made from a transparent plastic film that has been coated with an ink layer," explains the Bank of England's head of notes division Victoria Cleland.

Polymer notes are currently used by over 30 countries, and are both lighter and smaller than traditional paper notes.

England will continue to accept the paper version of the five-pounder until May 2017.

RELATED: Minimum wage in 10 different countries

10 PHOTOS
Minimum wage in 10 different countries
See Gallery
Minimum wage in 10 different countries
#10: United States
Minimum wage: $7.25

#9: Canada
Minimum wage: $9.40

#8: United Kingdom
Minimum wage: $10.47
#7: Netherlands
Minimum wage: $11.38
#6: Ireland
Minimum wage: $11.48

#5: New Zealand
Minimum wage: $11.66

#4: Belgium
Minimum wage: $11.90

#3: France
Minimum wage: $12.64 

#2: Luxembourg 
Minimum wage: $14.75
#1: Australia
Minimum wage: $14.98
of
SEE ALL
BACK TO SLIDE
SHOW CAPTION +
HIDE CAPTION

More on AOL.com:
Here's how Brexit could affect your travel plans
How does Queen Elizabeth II actually make money?
The UK just announced a tax on sugar -- and it's scary news for Coca-Cola and Pepsi

Read Full Story

People are Reading