100 000 Pesos

By the time this denomination entered circulation, Mexico had lived through nearly a decade of peso collapse — the 1982 debt crisis had shattered confidence in the currency, and triple-digit inflation became the norm through most of the decade. A 100,000-peso note, unthinkable in 1970, was by the late 1980s barely sufficient for routine transactions.

The note was printed in-house by Banco de México, which had operated its own printing facility since the mid-twentieth century — one of relatively few central banks in Latin America to maintain full domestic production at this scale. J. Peral handled both the design and the obverse engraving, with S. Moreno responsible for the intaglio work on the reverse.

The entire series was rendered obsolete by the 1993 redenomination, which lopped three zeros off the currency and introduced the nuevo peso.