100 Pesos

The P#31 series spans a period of significant monetary reorganization in Mexico — the Banco de México had only been granted its monopoly on note issuance in 1925, and by the mid-1930s it was still consolidating public trust in centrally issued currency after decades of fragmented commercial bank paper. ABNC supplied most of the bank's higher-denomination printing during this period, a relationship that reflected both Mexico's limited domestic printing capacity and the prestige attached to New York-engraved paper at the time.

The series ran over six years, and notes from the early 1936 dates are noticeably scarcer than later issues — high-denomination notes of this period circulated in relatively narrow commercial and governmental channels rather than general retail trade, and attrition was lower but survival rates uneven depending on where redemption occurred during the 1940s reissue cycle.