The withdrawal of bills and coins is a natural process in economies worldwide, which is why it is important to know which bills, by order of the Bank of Mexico (Banxico), They will go out of circulation this 2024and we will tell you right away what it is.
It was some time ago when the Bank of Mexico gave the order to all banks that have operations in the Mexican national territory to proceed to collect certain banknotes that were in circulation in the market.
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Under this understanding, According to official information from the Bank of Mexico, the following are the banknotes that will go out of circulation this 2024:
*Family B (issued in 1993): includes the 50 new peso bill with the image of Nezahualcóyotl, and the 100 new peso bill with the image of former president Plutarco Elías Calles.
*Family C (issued in 1994): includes the 50 new peso bills with the image of José María Morelos y Pavón; that of 100 new pesos with Nezahualcóyotl; that of 200 new pesos with the image of Sor Juana Inés de la Cruz, and that of 500 new pesos with the image of Ignacio Zaragoza.
*Family D (issued in 1996): the designs of the C family, with the only change in the name.
*D1 Family (issued in 2001): includes the thousand peso bills with the image of Miguel Hidalgo.
*Family F (issued in 2006): includes the 20 and 50 peso banknotes made of polymer, as well as the 500 peso banknotes with the image of Diego Rivera and Frida Kahlo.
Added to the aforementioned monetary specimens, another of the banknotes that is in the process of being withdrawn by order of the Bank of Mexico is the new 20 peso billwhich will be replaced by a coin of the same denomination.
Fake currency
On the other hand, since one of the big problems in the Mexican economy is counterfeit bills, according to information from the Mexican central bank, the following are the elements and security features of Mexican banknotes that guarantee your authenticity:
*The texture
*Touch sensitive reliefs
*Perfect registration (look at the bill against the light)
*Watermark (look at the bill against the light)
*Micro-printed thread (look at the bill against the light)
*Security thread (look at the bill against the light) on 20 peso and 200 peso bills
*Transparent window (in 20 and 50 peso bills)
*Increasing folio (except for 20 peso and 50 peso bills)
*Folios
*Element that changes color
*Bicolor butterfly (50 peso bill)
*3D thread (except in 20 peso and 50 peso bills)
*Dynamic thread (except 20 peso, 50 peso and 100 peso bills)
*Multicolor denomination.
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