This new currency can withstand the force of a washing machine

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.

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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.

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