1 Peso

This bimetallic type was introduced as part of Mexico's 1993 monetary reform, which redenominated the peso at a ratio of 1,000 to 1 — the new peso effectively replacing the old amid chronic inflation that had eroded public confidence in the currency over the preceding decade. The "N$" prefix used on early issues was quietly dropped in 1996, the year this catalog date range begins, once the government judged the transition sufficiently settled.

Production has spanned the Casa de Moneda's facilities in Mexico City continuously for nearly three decades.