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20 Nuevos Pesos

Issuer Banco de México
Year 1992
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Value 20 New Pesos
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Obverse description Intaglio portrait of Andrés Quintana Roo at right, his name inscribed vertically along the portrait frame, with a central vignette of a Mayan archaeological site rendered in multicolor guilloche underprint at left-center. The issuer name EL BANCO DE MEXICO appears in bold letterpress at upper left, with the denomination VEINTE NUEVOS PESOS at lower center and the numeral 20 at lower right; three manuscript signatures appear at lower left beneath their respective titles, and SERIE C is noted at mid-right.
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Reverse lettering BANCO DE MEXICO / 20 / NUEVOS PESOS / veinte nuevos pesos / DINTEL DE YAXCHILAN / MURAL DE BONAMPAK
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Comments

The 1992 Nuevos Pesos series was introduced as part of Mexico's currency redenomination, which lopped three zeros off the old peso following years of severe inflation — the 20,000 Viejos Pesos it replaced gives some sense of how far the currency had deteriorated through the 1980s. "Nuevo" was officially dropped from the denomination in 1996 once the public had adjusted to the new scale, making this a relatively short-lived series designation.

Banco de México printed this series in-house — one of the few central banks in Latin America that has long maintained its own production facility rather than contracting abroad.

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