50 Pesos 100th Anniversary of the Bank of Mexico

Banco de México has printed its own notes since 1969, one of relatively few central banks worldwide to operate an in-house currency production facility at scale. This commemorative 50 Pesos marks the bank's centennial, founded in 1925 to replace the chaotic multi-issuer system that had fractured Mexican currency through the Revolution years — at one point, over forty different institutions had the right to issue banknotes simultaneously.

The Guardian® polymer substrate is produced by the Bank of Canada's security printing subsidiary, now the dominant polymer platform outside Australia's original Securency lineage. The watermark listed as the primary security feature is notable — true watermarks are a paper-era technology, and what polymer notes carry is typically a clear window or substrate effect marketed under that name.