One of the banknotes most beautiful in our country, will say goodbye in 2025. We refer to the ticket of 20 pesos commemorative of the bicentennial of the Independence of Mexico and that since September 24, 2021 it entered circulation.
Alexander Cheerful, Managing Director of Issue Y Cashier of Bank of Mexico (Banxico), reported that the 20-peso bill belonging to the G family will be taken out of circulation in 2025 and will be replaced by a currency of the same denomination.
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In 2013 the board of central government had defined the guidelines for a new family banknotesin which he contemplated that the 50 pesos would be the one with the smallest denomination and that the 20 pesos would be withdrawn by coins, this due to the technical studies and cost-benefit ratios that had been carried out.
However, on February 22, 2019 the Council of Governmentmodified the Program of the new family of banknotes to put into circulation one of 20 pesos commemorative to the second semester of 2021.
On February 24, 2021, it was presented to the Council of Government the proposal of ticket commemorative that circulates today, being issued on September 24, 2021.
On January 3, the Mexican government announced that the ticket was recognized at the event High Security Printing as the best commemorative banknote of Latin America.
The Banxico describes its main design as “the solemn and peaceful entrance of the Army of the Three Guarantees to City of Mexico on September 27 of the memorable year of 1821, by an anonymous author”.
Likewise, the reverse represents the ecosystem of mangroves with the crocodile Mexican and the chocolate heron in the Sian Ka’an Biosphere Reserve, in the state of Quintana Roonatural heritage of Humanity.
There are 300 million pieces of the new 20-peso bill that the Triguarant Army and they will go out of circulation until 2025, the coin that will replace it will be minted when the Governing Board decides.