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20 Pesos Independence
| Issuer | Banco de México |
|---|---|
| Year | 2021-2023 |
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| Printer | Banco de México, Mexico |
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| Obverse description | Central vignette reproduces a fragment of the anonymous painting 'Solemn and Peaceful Entry of the Army of the Three Guarantees into Mexico City on September 27 of the Memorable Year of 1821', with the Army of the Three Guarantees flag to the left and the Mexican national flag to the right. The denomination 'Veinte Pesos' appears in the design alongside the issuing bank's name and commemorative inscriptions marking the bicentennial of Mexican independence. The composition is rendered in warm tones on a polymer substrate with transparent window security elements. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse presents a vignette of the mangrove ecosystem of the Sian Ka'an Biosphere Reserve in Quintana Roo, a UNESCO World Natural Heritage Site, with a Morelet's crocodile (Crocodylus moreletii) and a roseate spoonbill (Platalea ajaja) rendered in naturalistic detail amid lush tropical vegetation. The denomination and issuing bank name appear alongside a descriptive inscription identifying the flora and fauna. The design employs a rich palette of greens and blues evocative of the coastal wetland environment. |
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| Comments |
This note marks a deliberate shift in the 20 Peso denomination, which had long circulated in paper form before Banco de México converted it to polymer — a move partly driven by the brutal attrition rate of low-value notes in everyday Mexican commerce. Banco de México is one of relatively few central banks worldwide that operates its own intaglio printing facility, and this denomination was produced entirely in-house at their Mexico City plant.
The polymer substrate is sourced externally but finished domestically, which is an unusual degree of vertical integration for a Latin American issuer.