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I have 20,000 PESOS in one bill from 1989, how much if anything is it worth? |
Travel Info I have 20,000 PESOS in one bill from 1989, how much if anything is it worth? Travel Tips 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 econ贸mico, 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 Source(s): http://www.itulip.com/faceofinflation.ht... Other Travel Tips |
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