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1000 Pesos
| Issuer | Banco de Mexico |
|---|---|
| Year | 1984-1985 |
| Type | Log in to see details |
| Value | 1000 Pesos (1000 MXP) |
| Currency | Log in to see details |
| 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 MEXICO PAGARA UN MIL PESOS A LA VISTA AL PORTADOR MEXICO, D.F. SERIE YM DIRECCION GENERAL JUNTA DE GOBIERNO CAJERO JUANA DE ASBAJE BANCO DE MEXICO (Translation: The Bank of Mexico will pay one thousand pesos to the bearer on sight) |
| Reverse description | A detailed intaglio panoramic vignette occupies the central field, rendering the Plaza de Santo Domingo in Mexico City with its Baroque church façade, bell tower, and surrounding colonial arcade buildings receding in perspective. The denomination numeral '1000' appears in each corner, with 'UN MIL PESOS' and 'BANCO DE MEXICO' inscribed at the top, and a Banco de Mexico guilloche rosette device to the upper left alongside a decorative sunburst element to the lower right. |
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| Comments |
The P#81 series was issued during one of Mexico's most severe economic contractions — the peso had lost roughly half its value against the dollar by 1982, and inflation remained above 60% annually through the mid-1980s. A 1000-peso denomination that would have seemed substantial a decade earlier was, by 1984, barely enough for a bus fare and a meal. The note circulated hard and fast.
Banco de México retired this series quickly as inflation continued to erode purchasing power, paving the way for higher denominations that followed within a few years and ultimately the 1993 redenomination that lopped three zeros off the currency entirely.