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200 Pesos

Issuer Banco de México
Year 1995-1999
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Size 155 × 66 mm
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Obverse description Intaglio portrait of Sor Juana Inés de la Cruz (born Juana de Asbaje), the celebrated 17th-century Mexican poet and scholar, positioned to the right of centre against a multicolour guilloche underprint. The denomination numeral is printed to the left, with the issuer name and denomination legend running along the upper and lower margins respectively.
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Reverse description Central vignette of the Ex-Convento de San Jerónimo in Mexico City, the religious institution closely associated with Sor Juana Inés de la Cruz, rendered in fine intaglio detail against a multicolour guilloche background. The denomination and issuer references appear within the surrounding printed legend.
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Comments

The P#109 series was part of Banco de México's broader mid-1990s redesign program, which introduced polymer notes for lower denominations while retaining cotton paper for the 200 pesos — a hierarchy that reflected both cost calculations and the expected handling conditions for higher-value notes in active commercial use.

The 200 peso denomination itself was relatively new at the time of this issue, having been reintroduced after the 1993 redenomination that replaced the old peso at 1,000:1. Inflation during the late 1980s and early 1990s had made the original 200 pesos essentially worthless; the note's reappearance at the new scale was a direct consequence of the December 1994 currency crisis, which eroded purchasing power sharply enough to make smaller denominations inadequate for everyday transactions.

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