Banknotes of Mexico

The official currency of Mexico is the Mexican peso (MXN), issued by the Bank of Mexico (Banco de México). Paper money was first introduced in Mexico in 1823, shortly after independence from Spain. In 1993, a major redenomination occurred, removing three zeros from the currency to stabilize its value following hyperinflation. Collectors are drawn to Mexican banknotes for their vibrant designs and artistic illustrations. The current series features portraits of historical figures on the obverse, while the reverse showcases scenes and symbols of Mexican history and culture, such as the Aztec calendar on the 100 pesos note, highlighting the nation's diverse heritage.