New Mexican Peso Bills Bring Modern Banking to Mexico

The new Mexican peso bills are a game-changer for the country's banking system. These innovative bills are designed to bring modern banking to Mexico, making it easier for people to manage their finances.

The new bills feature advanced security features, such as holograms and watermarks, to prevent counterfeiting. This ensures that the money in circulation is genuine and trustworthy.

The introduction of these modern bills is part of a larger effort to improve the country's financial infrastructure. By upgrading the currency, the government aims to increase financial inclusion and access to banking services for all citizens.

The new bills are being rolled out gradually, with a focus on rural areas where access to banking services is limited. This will help bridge the gap between urban and rural communities, promoting economic growth and development.

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The Bank of Mexico has introduced a new 50-peso note, which is the sixth issue in the Bank of Mexico’s Series G family of bank notes. The note was introduced on October 28, 2021.

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The new 50-peso note is printed on a polymer substrate and measures 125 X 65 mm. It features a predominantly purple color scheme with a vertical orientation on both sides.

The front side of the note portrays the historical period of Ancient Mexico, specifically the founding of the Aztec city of Tenochtitlan. The image is based on a mural by artist Diego Rivera.

The reverse side of the note depicts the country’s ecosystem of rivers and lakes through the axolotl, as well as the maize and bonpland willow trees, in the network of canals and artificial islands of Xochimilco, a cultural heritage site.

The new note features several advanced security features, including a complex window with color-shifting ink, a SICPA Spark Live feature, and five tactile dots and an embossed denomination "50" to aid the visually impaired.

Here are some of the notable security features of the new 50-peso note:

The new 50-peso note is part of the Bank of Mexico’s effort to expand the use of polymer in its banknotes. The bank has also introduced a 20-peso bill commemorating the bicentennial of national independence, which features a vertical format on one side and a horizontal one on the other.

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The Bank of Mexico has been introducing new polymer notes to their Series G family of banknotes. The first polymer note was the 100-peso note, which is exclusively vertical.

The Bank of Mexico has been working closely with CCL Secure to produce these new notes. The new 50-peso note, for example, features a large, complex transparent window with G-SWITCH and METALIX inks. The G-SWITCH ink changes from blue to gold when the note is moved or seen from a different angle.

These polymer notes are made from Propanote Clarity C, a bank-grade polymer substrate film. Once the banknotes have completed their working life, they can be recycled back into polymer pellets. These pellets can then be used to make a wide range of products, including packing cages for fruits and building materials.

The new 50-peso note is the sixth issue in the Bank of Mexico's Series G family of banknotes. It features a fragment of the back of a monolith known as Teocalli De La Guerra Sagrada on the front, along with an eagle perched on a cactus with the Atl tlachinolli in its beak.

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The security features of the new 50-peso note include intaglio printing, a vertically positioned serial number, and a transparent window with a texture of five dots forming a half circle embossed on it. The note also features three colors of fluorescent ink and fluorescent fibers in different colors on both sides.

The Bank of Mexico has estimated that polymer will be used in around 2 billion notes in circulation in the country, representing around 30% of the total volume of notes in circulation. This is a significant increase from the current use of polymer in banknotes.

Here are some of the security features of the new 50-peso note: