2024-03-05 02:17:18
He Central Bank of Mexico It is estimated that it will be in 2025 when 20 peso bills will be completely removed from circulation and replaced by coins. The same way, Banxico has urged financial entities that collect the 20 peso bill to stop its use among the population to stay informed to identify and know the characteristics that the new 20 Mexican peso coin will have.
He 20 peso bill is regarding to go down in history in Mexico. Do not create any more confusion between the 20 peso bill and the 100 peso bill in our country. According to the Bank of Mexico (Banxico), it will soon stop circulating due to changes being made to prevent crimes such as counterfeiting or illicit enrichment with cash. The Bank of Mexico (Banxico) and other banking institutions suspended their production in 2023.
The 20-peso commemorative letter for the Bicentennial of National Independence, which stands out for its beauty, was presented in September 2021 and began to be distributed with greater presence during 2023. It is the first Mexican banknote with a mixed format, with its horizontal obverse and its vertical reverse.
The blue note that circulated before the G family will also lose value. Banxico has decided to begin retaining this note in different financial entities. Given their imminent disappearance, the Bank of Mexico will replace these banknotes with a currency of the same denomination. However, the design of the new currency is not yet known.
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