Who is Banxico and Why is This Relevant?
Banxico, or the Bank of Mexico, is the country’s central bank responsible for managing monetary policy and ensuring financial stability. As it celebrates its 100th anniversary, Banxico has released a limited-edition commemorative 100 peso bill to highlight its historical role and ongoing contributions.
What Does the Commemorative Bill Look Like?
The new bill features a design that pays homage to Banxico’s history, values, and evolution. The obverse showcases the facade of Banxico’s main building along with sculptures symbolizing labor and abundance, accompanied by arches displaying the names of key figures in its institutional journey.
- Front Design: The facade of Banxico’s main building, adorned with sculptures representing labor and abundance, along with arches displaying names of significant figures in the bank’s history.
- Reverse Design: A vault symbolizing trust, with billetes, coins, and technological circuits emerging to represent the link between tradition and financial innovation. Elements of light and color complement the visual narrative.
The bill includes Banxico’s official security standards, such as tactile reliefs, transparent elements, color-changing ink, watermarks, and a dynamic security thread with the number 100 and Banxico’s monogram, ensuring its authenticity and preventing counterfeiting.
Value and Circulation
While the commemorative bill will enter circulation, Banxico also issued a limited-edition “specimen” for collectors that has no liberatory value, meaning it cannot be used for payments. This special piece was created exclusively as a collectible to mark the centennial of the central bank.
Where to Obtain the Commemorative Bill?
Once in circulation, the bill can be obtained through ATMs, bank branches, and daily transactions. However, due to its limited print run, some examples may become scarce over time.
Banxico has not yet disclosed official distribution points or the specimen’s sale price. On social media, offers for resale have exceeded 7,000 pesos, but Banxico advises acquiring only through official channels or authorized banking entities to avoid fraud.
Celebrating 100 Years of History
The new bill is part of Banxico’s centennial commemorative activities, which also include silver coin releases and a special line of commemorative pieces.
Through this launch, Banxico aims to emphasize its historical role in Mexico’s economic stability and strengthen the connection between institutional memory, public trust, and financial innovation.
Will the Sor Juana 100 Peso Bill Be Retired?
Contrary to rumors on social media, the current 100 peso bill featuring Sor Juana Inés de la Cruz remains valid and is not scheduled to be retired according to Banxico’s guidelines.
The polymer 100 peso bill with a vertical design, featuring Nezahualcóyotl, continues to be valid for commercial transactions in the country. Meanwhile, bills from families F, B, C, D, and D1 with Nezahualcóyotl’s image are being removed from circulation.