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50 Pesos
| Issuer | Banco de México |
|---|---|
| Year | 1981 |
| Type | Log in to see details |
| Value | 50 Pesos (50 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 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 50 EL BANCO DE MEXICO S.A. PAGARA CINCUENTA PESOS A LA VISTA AL PORTADOR C.N.B.S. INTERVENTOR MEXICO, D.F. 17 MAY. 1979 SERIE KQ Z 1963313 DIRECCION GENERAL CONSEJERO CAJERO JUAREZ BANCO DE MEXICO S.A. (Translation: The Bank of Mexico S.A. Will pay 50 pesos on sight to the bearer Comisión Nacional Bancaria y de Seguros [National Commission for Banking and Insurance] Controller General Management Director Cashier) |
| Reverse description | Blue intaglio print over a multicolour underprint with red and green seal elements. To the right of centre, a Zapotec funerary urn representing the maize deity Cozobi serves as the central vignette. The background presents an exterior view of the Palacio de las Columnas at the Zapotec archaeological site of Mitla. |
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| Comments |
The P#73 series belongs to a transitional moment in Mexican monetary policy: the Banco de México had been printing its own notes since the early 1970s, having taken full production in-house rather than continuing to rely on foreign security printers like American Bank Note Company or the British firms that had supplied earlier series. By 1981, the peso was already under pressure from the oil-boom credit expansion that would culminate in the catastrophic August 1982 devaluation and debt crisis, when Mexico became the first country to announce it could not service its external debt — effectively triggering the global sovereign debt crisis of the 1980s.
Notes from this exact period circulated heavily and were quickly superseded by higher denominations as inflation accelerated through 1982–1983. Survivors in any meaningful grade are fewer than the print runs suggest.