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500 Pesos

Issuer Banco de Mexico
Year 1979
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Printer Banco de Mexico, Mexico
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Reverse lettering BANCO DE MEXICO S.A. QUINIENTOS PESOS 500 500
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Protection description the Banco de Mexico monogram or portrait, visible when held to light
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Comments

The P#69 500 Pesos belongs to the Series C family issued through the late 1970s, a period when Banco de México was managing significant inflationary pressure following the 1976 peso devaluation — the first forced realignment of the currency since 1954. The 500 Pesos denomination, once commanding, was by 1979 a routine transaction note rather than a high-value instrument.

Banco de México printed this series in-house at its own facilities, a capacity it had developed to reduce dependence on foreign security printers. The watermark remains the sole mechanical security feature — modest by contemporary standards, even for the period.