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Us coins no longer in circulation1/21/2024 They are denominated in “new pesos.” A “new peso” is equivalent to 1000 pesos of the previous monetary unit.īanknotes belonging to the D-type entered circulation in 1996 to conclude the change of monetary unit. A “new peso” is equivalent to 1000 pesos of the previous monetary unit.īanknotes belonging to the C-type entered circulation in 1994 and have design features similar to those of B-type banknotes. This means that these banknotes and coins are valid for commercial and exchange transactions but, when they arrive to commercial banks, they are set apart to be deposited in Banco de México and will no longer be handed out to the public.īanknotes belonging to the B-type entered circulation in 1993 and have design features similar to those of A-type banknotes. However, by Banco de México’s resolution, they are withdrawn from circulation by commercial banks. This means that their face value is the denomination stated. Banknotes and coins in the process of being withdrawn from circulation continue to be legal tender.
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