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20 000 Pesos

Issuer Banco de México
Year 1988-1989
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Size 157 × 67 mm
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Reverse description Central vignette reproduces an intaglio engraving of Lintel 45 from Yaxchilán, Chiapas, flanked by underprint imagery drawn from the murals of Room 3 of the Temple of the Paintings at Bonampak, Chiapas. The Pre-Columbian artistic motifs are set within a structured border with denomination text and issuer name arranged in the surrounding panels.
Reverse lettering Banco De Mexico Veinte Mil Pesos 20 000
(Translation: Bank of Mexico Twenty Thousand Pesos 20 000)
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Comments

By the late 1980s, Mexico's peso had been through a decade of severe devaluation — the 1982 debt crisis triggered a collapse that ultimately forced a full redenomination in 1993, when one new peso was exchanged for 1,000 old ones. A 20,000-peso note, unthinkable a generation earlier, had become a routine transaction denomination, not a large-value instrument.

Banco de México printed this series in-house at its own facilities, unusual for a central bank of that period and reflective of the volume demands that chronic inflation imposed on note production.

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