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20 Pesos Independence

Issuer Banco de México
Year 2021-2023
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Value 20 Pesos
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Reverse description The reverse presents a vignette of the mangrove ecosystem of the Sian Ka'an Biosphere Reserve in Quintana Roo, a UNESCO World Natural Heritage Site, with a Morelet's crocodile (Crocodylus moreletii) and a roseate spoonbill (Platalea ajaja) rendered in naturalistic detail amid lush tropical vegetation. The denomination and issuing bank name appear alongside a descriptive inscription identifying the flora and fauna. The design employs a rich palette of greens and blues evocative of the coastal wetland environment.
Reverse lettering Veinte Pesos Banco de México Ecosistema de manglares con el cocodrilo mexicano y la garza chocolatera en la Reserva de la Biósfera Sian Ka'an, en el estado de Quintana Roo, patrimonio natural de la humanidad.
(Translation: Twenty pesos Bank of Mexico Mangrove ecosystem with the Mexican crocodile and the roseate spoonbill in the Sian Ka'an Biosphere Reserve, in the state of Quintana Roo, a natural heritage of humanity.)
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Comments

This note marks a deliberate shift in the 20 Peso denomination, which had long circulated in paper form before Banco de México converted it to polymer — a move partly driven by the brutal attrition rate of low-value notes in everyday Mexican commerce. Banco de México is one of relatively few central banks worldwide that operates its own intaglio printing facility, and this denomination was produced entirely in-house at their Mexico City plant.

The polymer substrate is sourced externally but finished domestically, which is an unusual degree of vertical integration for a Latin American issuer.

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