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20 000 Pesos

Issuer Banco de México
Year 1985-1987
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Currency Peso (1863-1992)
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Reverse description The central vignette presents the elaborately carved Lintel of Yaxchilán in intaglio, rendered in fine detail with its intricate Mayan relief glyphs and ceremonial figures occupying the center of the design. To the left, a frieze derived from the murals of Bonampak shows a procession of costumed Mayan figures in profile, while additional figures appear to the right, all executed against a pale guilloche underprint. The inscriptions 'DINTEL DE YAXCHILAN' and 'MURAL DE BONAMPAK' are lettered beneath their respective vignettes.
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Protection type Watermark
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Comments

Mexico's inflation crisis of the mid-1980s forced denominations into territory that would have been unthinkable a decade earlier — the 20,000 Peso note being a direct consequence of an annual inflation rate that peaked above 150% in 1987. The Banco de México printed its own notes by this period, having developed substantial in-house production capacity, which gave it flexibility to respond quickly to denomination demands that the economy kept escalating.

The series was short-lived by design. Within a few years the entire peso structure was swept away by the 1993 redenomination, which replaced 1,000 old pesos with one nuevo peso — rendering this note worth precisely 20 new pesos on conversion.

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