>  Destination   >  New $200 Peso Financial institution Be aware Launched in Mexico

As a part of an ongoing program to replace the present sequence of Mexican financial institution notes, the Financial institution of Mexico launched a brand new $200 peso invoice on September 2, 2019, to switch the present design that was first launched in 2008.

The brand new $200 peso invoice is offered in an identical shade of inexperienced as the present observe and options Miguel Hidalgo and José María Morelos — the 2 key protagonists of the nation’s independence motion — changing the scholar and thinker Sor Juana Inés.  The reverse aspect of the brand new invoice options an eagle flying over El Pinacate bio-reserve within the northern state of Sonora.

That is the second in a brand new sequence of payments being rolled-out by Mexico’s central financial institution.  On August 28, 2018 the Financial institution of Mexico launched a redesigned $500 peso invoice. Different denominations in coming years will embody a brand new $1,000 peso invoice in 2020; a brand new $100 peso invoice in 2021; and a brand new $50 peso invoice in 2022.  Its program temporary additionally talked about the opportunity of a brand new $2,000 peso invoice ought to one be wanted.

Mexico’s financial institution notes have turn out to be more and more subtle over time in a bid to thwart counterfeiters, and this newest sequence builds on advances in financial institution observe know-how.  You’ll be able to be taught extra concerning the new observe on the financial institution’s web site.

It takes time for brand spanking new financial institution notes to enter bodily circulation and the present $200 peso invoice will stay authorized tender till additional discover.  After the Financial institution of Mexico withdraws a financial institution observe from circulation, real notes may be exchanged at retail banks for some time, and indefinitely afterwards on the Financial institution of Mexico itself.

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