2006-09-12 16:49:18 · 14 answers · asked by polsek 1 in Travel ➔ Mexico ➔ Ciuded Juarez
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.
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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.
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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
2006-09-12 16:59:01 · answer #1 · answered by Austin Semiconductor 5 · 1⤊ 1⤋
This Site Might Help You.
RE:
I have 20,000 PESOS in one bill from 1989, how much if anything is it worth?
2015-08-10 04:42:29 · answer #2 · answered by Sidney 1 · 0⤊ 0⤋
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 $10 US dollars or more.
2014-02-10 08:15:42 · answer #3 · answered by pasajero_de_una_nuve 2 · 0⤊ 0⤋
It's absoluty right above, our peso is 11 x dollar so old pesos are 1000 x acual "new pesos" N$ so you only have 1.81 and i don't know where would be accepted your bill.
Have a nice trip....
2006-09-13 04:48:43 · answer #4 · answered by leito 3 · 0⤊ 0⤋
20000 Pesos To Dollars
2016-10-04 04:54:52 · answer #5 · answered by ? 4 · 0⤊ 0⤋
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.
2006-09-13 13:49:29 · answer #6 · answered by Adrian 1 · 2⤊ 1⤋
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.
2006-09-12 17:02:27 · answer #7 · answered by looking4ziza 3 · 1⤊ 1⤋
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).
2006-09-12 16:59:39 · answer #8 · answered by ZaKyra 1 · 0⤊ 0⤋
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2016-04-09 21:34:51 · answer #9 · answered by Anonymous · 0⤊ 0⤋
At an exchange rate of around 8.25 pesos per US dollar you have around $2,350. Kind of Like the Lottory isnt it.
2006-09-12 16:58:09 · answer #10 · answered by ? 3 · 0⤊ 2⤋