I have 20,000 PESOS in one bill from 1989, how much if anything is it worth?

14 Answers

  • Unfortunatly, the currency was revalued by the Mexican government, see the link below. Old pesos are now only worth 1/1000th of the past value. They might not be accepted as currency as all.

    A government economic strategy called the “Stability and Economic Growth Pact” (Pacto de estabilidad y crecimiento económico, PECE) was adopted under President Carlos Salinas. On 1 January 1993, the Bank of Mexico introduced a new currency, the nuevo peso (“new peso”, or MXN), written “N$” followed by the numerical amount. One new peso, or N$1.00, was equal to 1,000 of the obsolete MXP pesos.

    However, todays rate in Mexico for new pesos:

    Mexico City, September 12th.- Mexico’s fixed exchange rate Tuesday was set at 11.0361 pesos per dollar (ppd), reflecting a decline of 3.44 cents compared to Monday’s final quote at 11.0705 ppd, according to information provided by the Central Bank (Banxico).

    So I figure your bill is worth about $1.81 USD

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    I have 20,000 PESOS in one bill from 1989, how much if anything is it worth?

  • It is now worth 20 new pesos. But it is not all that bad, that bill is pretty much a collectible, in fact is probably worth more as collectible item than actual money. In dollars it is about $1.50, but as a collectible depending on condition the lowest you could get is about $10 US dollars or more.

  • It’s absoluty right above, our peso is 11 x dollar so old pesos are 1000 x acual “new pesos” N$ so you only have 1.81 and i don’t know where would be accepted your bill.

    Have a nice trip….

  • 20000 Pesos To Dollars

  • Now your bill is only a Mexican Curious! A collector might give you something… Mexico revaluated its currency and there are no more 20,000 pesos bills. They changed to 20 pesos bill.

  • Nothing! Banco Nacional de Mexico only recognizes new Pesos as currency, the highest denomination being 1,000 Pesos. Save it, frame it, give it to your great grand-children.

  • Take the bill to a bank, it’s worth may change daily with the rates. Or try seeing an appaiser, because banks only take certain foreign bills (mostly current).

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  • At an exchange rate of around 8.25 pesos per US dollar you have around $2,350. Kind of Like the Lottory isnt it.

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