20 Nuevos Pesos

The 1992 Nuevos Pesos series was introduced as part of Mexico's currency redenomination, which lopped three zeros off the old peso following years of severe inflation — the 20,000 Viejos Pesos it replaced gives some sense of how far the currency had deteriorated through the 1980s. "Nuevo" was officially dropped from the denomination in 1996 once the public had adjusted to the new scale, making this a relatively short-lived series designation.

Banco de México printed this series in-house — one of the few central banks in Latin America that has long maintained its own production facility rather than contracting abroad.