I have some old Mexican pesos that I want to exchange. I'm not sure how to do it or where to go. Can someone please guide me on the process of exchanging old Mexican pesos?
7
answers
Maria
Wed Jan 29 2025
To convert these obsolete notes, you must visit a bank in Mexico.
Eleonora
Wed Jan 29 2025
As part of this process, the currency was "divided," meaning that 1000 old pesos were equivalent to 1 new peso.
KatanaSwordsmanship
Wed Jan 29 2025
The old Mexican pesos, specifically the 100,000, 50,000, 20,000, and 10,000 note denominations, as well as 1000 and 5000 coin denominations, are no longer in circulation.
AmyDavis
Wed Jan 29 2025
These currencies were phased out due to economic reforms in Mexico.
CryptoEagle
Wed Jan 29 2025
In 1994, the Mexican peso underwent a significant revaluation.