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50 Nuevos Pesos

Issuer Banco de México
Year 1992
Type Standard circulation banknote
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Reverse description Monarch butterflies occupy the left portion of the note, while a central vignette illustrates traditional boat fishermen at work on the water, rendered in multicolour intaglio against a guilloche underprint.
Reverse lettering BANCO DE MEXICO CINCUENTA 50 NUEVOS PESOS
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Comments

The Nuevos Pesos series was introduced in January 1993 as part of a redenomination that lopped three zeros off the old peso — 1,000 viejos pesos becoming 1 nuevo peso. Notes dated 1992, including this 50, were printed in anticipation of that changeover and entered circulation at the moment of transition rather than before it.

Banco de México has printed its own notes in-house since the 1960s, making it one of the few central banks in Latin America to operate its own security printing facility continuously at this scale. The 1992–1993 series was among the last to rely primarily on watermark and thread before the bank's subsequent issues introduced more sophisticated optical features.