Has the end of 20 peso bill?
In September 2021, The Bank of Mexico renewed the design of its 20 and 50 peso bills. The mythical blue paper money with the face of Benito Juarezwas replaced by Bicentennial of National Independence.
For its part, the 50-peso bill changed Morelos for ‘Gordita’ an axolotl and the lakes of Xochimilco (which has caused a furor among Mexicans, who seem not to change this role for anything in the world).
It might be thought that these banknotes would last many years in circulation and manufacture. However, a year after his departure, It seems that the 20 peso bill will be definitively discontinued. That is, there will no longer be another design to replace it.
Will there no longer be a 20 peso bill?
In 2018, Alejandro Alegre, director of issuance of the Central Bank, advanced that this ticket would be discontinued and a coin would be put in its place (like old times). This currency was released to the public in April 2021, commemorating the ‘Centenary of the death of General Emiliano Zapata’.
Currently, the banknote that portrayed Juárez has ceased to be manufactured, although it is still valid and circulates among us. Although the new 20-peso bill continues to be made, it will be the last in the history of paper money of that denomination.
Banxico has indicated that the blue 20-peso bill is destroyed as soon as it arrives at the institution, for which they give him four years of life among the Mexicans. Meanwhile, the new bill that has replaced it will not be able to transcend for so many years and will be the last of its kind. How much will disappear permanently?
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