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Mexico Money

Home >> Mexico Information >> Mexico Money
Mexico's currency is the Mexican Peso. There are one hundred Mexican cents (centavos) to every Peso. The symbol used for the peso is "$", which is sometimes annotated Mex$ to distinguish from U.S. dollars, while the 100 centavos into which it is divided are represented by "¢". If you happen have coins that are from 1970 to 1992, they are out of circulation, and have no value. In 1993, Mexico issued "Nuevo" pesos (new pesos) in order to stem inflation, and the last two zeros were removed from the value - in other words, an "old" peso coin with a face value of $1000 was worth what a $10 nuevo peso coin is worth today. Currency from this time period is very common, and is no longer accepted for exchange.

As of 16 September 2006, the Exchange Rate was:

1 USD = MX$ 10.9350
1 EUR = MX$ 13.8306
1 GBP = MX$ 20.5315
1 CNY = MX$ 1.37642
100 JPY = MX$ 9.31828
1 CAD = MX$ 9.76383

Current Mexican Exchange Rates

Mexico Currency Coins
Coins always seem like a hassle, however when traveling in Mexico they come in handy. Many times you will find that small merchants, taxis, buses do not have change for large notes. These are images of Mexican coins currently in circulation. Coins are minted in denominations of 5, 10, 20 and 50 centavo pieces. Coins are also available in denominations of 1, 5, 10 and 20 pesos. View Pictures of Coins Currently in Circulation

Mexico Currency Banknotes
Banknotes are printed in denominations of 20, 50, 100, 200, 500 and 1000 pesos. The most commonly used are the 100 and 200 Peso notes. 500 and 1000 Peso banknotes are hard to spend because most merchant will not have change for higher bills. It is recommended that you ask for smaller bills when exchanging your money. The 20 and 50 Peso notes are slightly smaller than the 100, 200, 500 and 1000 Peso notes, which are all the same size. ATM Machines dispense either 100 or 200 Peso denominations. View Pictures of Banknotes Currently in Circulation

Mexican Currency 10 centavos coin frontMexican Currency 10 centavos coin back Mexican Currency 50 centavos coin frontMexican Currency 50 centavos coin back
Above, 10 centavos: (.10 pesos) Above, 50 centavos: (.50 pesos)
Mexican Currency 1 peso coin frontMexican Currency 1 peso coin back Mexican Currency 2 pesos coin frontMexican Currency 2 pesos coin back
Above, 1 peso coin Above, 2 peso coin
Mexican Currency 5 pesos coin frontMexican Currency 5 pesos coin back Mexican Currency 10 pesos coin FrontMexican Currency 10 peso coin back
Above, 5 peso coin Above, 10 peso coin
Mexican Currency 20 pesos coin FrontMexican Currency 20 pesos coin Back
Above, 20 peso coin - Rarely used

20 peso bank note (Front / Back)
20 peso bank note front
20 peso bank note back
50 peso bank note (Front / Back)
50 peso bank note front
50 peso bank noteback
100 peso bank note (Front / Back)
100 peso bank note front
100 peso bank note back
200 peso bank note (Front / Back)
200 peso bank note front
200 peso bank note back

500 peso bank note (Front / Back)

500 peso bank note front

500 peso bank note back
1000 peso bank note (Front) - Rarely used
1000 peso bank note front