20-peso banknote F, circulation, Banco de México (2024)
Obverse
The key motif is the image of Don Benito Juárez García(1806 – 1872), who became president of Mexico in 1858 and issued the reform laws with the support of the radical liberals the following year. Because of his defense of human freedoms, which served as an example to other Latin American countries, he was proclaimed “Benemérito de las Américas.” In a famous speech, he said: “The people and the government should respect the rights of all. Among individuals, as among nations, respect for others' rights is peace.”
The image of Don Benito Juárez is accompanied by a drawing composed of a balancing scale in the foreground, which symbolizes equilibrium and justice, and a book, which represents the reform laws enacted in 1859.
Reverse
The key visual element is a panoramic view of the archeological zone of Monte Albán (built by the Zapotec culture), located in the state of Oaxaca and declared by UNESCO as part of the cultural patrimony of humanity. To the left of this scene is a detail from an earring found in tomb number 7 of the archeological site, and to the lower right is a fragment of a large mask of the God of Rain and Thunder (Cocijo, the main Zopotec god).
If you have old bank notes you want to exchange for present-day notes/coins, you need to take them to any of one Mexico's retail banks, or to the the Bank of Mexico if the quantity/value exceeds the retail bank 'exchange limit:' the exchange limit at a retail bank is 500 individual notes or a present-day value of ...
Paper money currently used is in the denominations 20 peso, 50 peso, 100 peso, 200 peso, and 500 peso. Coins in denominations of 20 and 50 centavos (100 centavos makes up 1 peso), and 1 peso, 2 peso, 5 peso, 10 peso, and 20 peso are also in circulation.
Mexico eliminated one 0 of it's currency in the early nineties and that's it, the bills do not have an expiration date. Like the Euros in Europe took over the Liras, Francs, etc...
Using your bank's ATM, or an ATM in its network, and exchange providers like Travelex are common options. Another option is to use companies such as Wise, which specializes in currency transfers and offers a debit card.
If you're looking to exchange currency for a trip abroad, major brick-and-mortar banks or credit unions can help you get different currencies at a fair exchange rate. You won't want to visit your nearest branch on a whim, though, as some banks do not offer exchanges.
The Mexico 1 peso of 1957 through 1967 constitutes the last circulating silver 1 peso coinage from the American nation. Courtesy of PCGS. Mexico has a long history of producing some highly collectible coinage, ranging from the historic pieces of eight to the popular Libertad bullion coins.
The 20 pesos banknote had a portrait of Benito Juárez, the twenty-sixth president of the Mexican Republic who fought in the Reform War. He declared a constitution and promoted education. It also has a balance that represents the people and justice above the law reform and the bird.
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