791) 500 Pesos Banknote: issued by the Banco de Mexico under its new G" Series of Banknotes on 28.08.2018:
Some other interesting posts on coins/currency of Mexico:
Some other interesting posts on coins/currency of Mexico:
Banco de Mexico has launched its new "G" Series of Banknotes with the issue of a new 500 Peso Banknote on 28.08.2018.
The new Banknotes will feature three important changes being introduced in Mexican Banknotes - new designs, colours and themes.
The new Banknotes will feature three important changes being introduced in Mexican Banknotes - new designs, colours and themes.
The new Banknotes will also incorporate new and updated security features, which were last introduced in presently circulating Banknotes about 20 years ago.
The Front designs of the new series of Banknotes will emphasise upon the various chapters of Mexican Heritage and history - from its origins as a Spanish colony to an independent Republic whose status was initially achieved in 1810.
The historical chapters will focus on Old Mexico, the Colony, Independence, Reformation and Restoration of the republic, the Revolution and finally Contemporary Mexico.
While the Front of each Banknote will feature historical chapters in Mexico, the Back designs will highlight the six most representative eco-systems of Mexican Geography. Featured on the Backs will be rivers and lakes, temperate and dry forests, thickets or trees and deserts, coasts, seas and islands and rain forests. Each scene or location will be recognised sites on the World Heritage list of UNESCO. Also included on the Back will be an element of fauna and flora identified with each one of the six eco-systems.
Interestingly, the presently circulating 20 Peso Banknotes which presently feature President Don Benito Juarez (1806-1972) are being withdrawn/discontinued and will now circulate only as a bimetallic 20 Peso coin which has already been introduced into circulation since 1996.
The image of President Juarez is however being taken on the 500 Peso denomination in the "G" Series of Banknotes, and will replace internationally renowned artist Diego Rivera (1886-1957) which figures in the presently circulating Banknote series.
While the 20 Peso Banknote is being discontinued, there is a provision for introduction of a 2,000 Peso Banknote in future within the "G" Series of Banknotes, as and when Banco de Mexico deems it necessary depending on the state of the economy.
While the 500 Pesos Banknote has been circulated on 28.08.2018, the Banco de Mexico is scheduling the release of the complete series over a period of five years. The issue of the 200 Peso and 1,000 Peso Banknotes will take place in the second half of 2019 and 2020 respectively.
The new 500 Pesos Banknote:
The Front of the new 500 Pesos Banknote issued under the "G" Series of Banknotes on 28.08.2018
The Front of the new 500 Peso Banknote depicts the effigy of President Don Benito Juarez and is accompanied by a fragment of the engraving from the Mexican artist Alberto Beltran who has portrayed Juarez's triumphant entry into Mexico City on 15.07.1867.
Additionally, it is this date that marks the end of the Second Empire, formally headed by Emperor Maximillian and marks the restoration of the Republic.
The effigy of President Don Benito Juarez has repeatedly been seen on Mexican national currency - on both coins and banknotes - as he is universally remembered and admired for his defence of sovereignty, national, liberal and republican values, as well as, his unrelenting effort to move from a country of confrontations and instability to one of laws and institutions.
The Back of the new 500 Pesos Banknote issued under the "G" Series of Banknotes
The Back of the 500 Peso Banknote depicts the eco-system of seas and islands, represented by the El Biosphere Reserve Vizcaino, which is located on the peninsula of Baja California Sur. This reservation was declared a natural area and has been a protected area/region since 1988. This region and location are considered a "Natural Heritage of Humanity" site by UNESCO. With its five kilometres of coastal strip, the Reserve of the Biosphere of El Vizcaino is an important sanctuary for the Gray Whale species.
The dimensions of this Banknote are 146 mm x 65.0 mm and its predominant colour is blue with various corresponding colour under-prints.
The Banknote is printed on cotton-based fibre paper and includes the date "19 MAY 2017".
The upgraded security features include:
Watermark - When viewed from the face, a watermark of the portrait of Benito Juarez is placed to the right of Juarez's effigy.
Multi-coloured application - The Banknote's numeral of 500 which is placed in the upper right corner, changes colour when tilted. The Banknote's denomination is also seen within the numbers.
Holographic security strip - A segmented and holographic vertical strip seen near the far left half of the Banknote displays moving numerals of "500" when the Banknote is tilted.
Tactile Features - As part of the identification process for visually challenged persons, a series of horizontal dashes can be felt, which are located on the upper half of the Banknote towards the edges.
Links to some other interesting posts from South American Countries and Mexico:
Links to some other interesting posts from South American Countries and Mexico:
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