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1000 Pesos
| Issuer | Banco de Mexico |
|---|---|
| Year | 1984-1985 |
| Type | Log in to see details |
| Value | 1000 Pesos (1000 MXP) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO DE MEXICO PAGARA UN MIL PESOS A LA VISTA AL PORTADOR MEXICO, D.F. SERIE YM DIRECCION GENERAL JUNTA DE GOBIERNO CAJERO JUANA DE ASBAJE BANCO DE MEXICO (Translation: The Bank of Mexico will pay one thousand pesos to the bearer on sight) |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO DE MEXICO UN MIL PESOS 1000 PLAZA DE SANTO DOMINGO (Translation: Bank of Mexico, One Thousand Pesos, Plaza of Santo Domingo) |
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| Comments |
The P#81 series was issued during one of Mexico's most severe economic contractions — the peso had lost roughly half its value against the dollar by 1982, and inflation remained above 60% annually through the mid-1980s. A 1000-peso denomination that would have seemed substantial a decade earlier was, by 1984, barely enough for a bus fare and a meal. The note circulated hard and fast.
Banco de México retired this series quickly as inflation continued to erode purchasing power, paving the way for higher denominations that followed within a few years and ultimately the 1993 redenomination that lopped three zeros off the currency entirely.