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10 000 Pesos
| Issuer | Banco de México |
|---|---|
| Year | 1981-1983 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso (1863-1992) |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | El Banco de México S.A. |
| Reverse description | Log in to see details |
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| Signature(s) | Log in to see details |
| Protection type | Watermark |
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| Variants | Log in to see details |
| Comments |
Mexico printed its own banknotes in-house through its central bank's printing works from the early 1970s onward, and this high-denomination issue reflects the inflationary pressure that made 10,000 pesos a necessary denomination rather than an exceptional one. The peso lost roughly 75% of its value against the dollar between 1981 and 1983, driven by the collapse in oil revenues and the debt crisis that forced a series of devaluations beginning in February 1982.
The P#78 series was eventually superseded by the 1992 redenomination, when 1,000 old pesos became 1 new peso — reducing this note to the equivalent of 10 centavos at a stroke.