Tuesday, 12 April 2022

2303) 100 Peso Banknote issued by the Banco de Mexico is the winner of the 2020 International Bank Note of the Year Award (IBNS):

2303) 100 Peso Banknote issued by the Banco de Mexico is the winner of the 2020 International Bank Note of the Year Award (IBNS):


The International Bank Note of the Year (IBNS Award):

The International Bank Note Society (IBNS) Banknote of the Year Award is an initiative of the IBNS to recognise an exceptional Banknote issued each year. The IBNS competitions began in 2004.

The IBNS announced that the voting membership had selected the 100 Peso Banknote issued by the Banco de Mexico to receive its annual prestigious "Bank Note of the Year Award" for 2020.

Nominations for the 2020 Award closed on 31.01.2021.

Among the criteria for the nominated Banknotes is that the Banknotes should have been issued to the public (specimens and non-circulating currencies are ineligible) for the first time during the year of the award, and must have artistic merit and/or innovative security features, and be in general circulation.

Banknotes are judged and the winner decided by a vote of the IBNS, who considers the artistic merit, design, use of colour, contrast, balance and security features of each nomination.

The IBNS Banknote of the Year Award is an initiative of the IBNS to recognise an exceptional Banknote issued each year.

The 2020 IBNS Competition Award winner - the 100 Peso Banknote from Mexico:

With well over 100 new Banknotes released worldwide during 2020, only 23 from 22 countries, were deemed of sufficiently new design to be member nominated. The finalists were the only ones considered new enough for a position on the ballot.

The winner of the IBNS 2020 Competition was the 100 Peso Banknote issued by the Banco de Mexico.

The IBNS announcement said that the winner’s margin was a wide one over the Royal Bank of Scotland’s £20 note showing a Kate Cranston tea room and squirrels.

In a virtual tie for third place were three notes: 

- Northern Ireland’s Ulster Bank 20 pound Banknote with flora and street musicians, 

- the Bahamas $5 Banknote with founding father Sir Cecil Wallace-Whitfield and a Junkanoo dancer, and 

- the Fiji $50 banknote issued for its 50th Anniversary of Independence. 

Rounding out the top seven vote getters were the Bank of England £20 note with the painter J.M.W. Turner and Clydesdale Bank of Scotland’s £20 note featuring Robert the Bruce and St. Kilda.

About the winner of the IBNS-2020 Award:

The Banco de Mexico was both the printer and issuer of the winning Banknote, in the bank’s current G Series introduced in 2018. 

The design continues to highlight Mexican cultural and historic characteristics with new graphic motifs and improved security features. It was printed at the Banco de Mexico’s new facility in Jalisco, which began operation just before the coronavirus pandemic.


On the Back  the 100 Peso Banknote the Banknote design of all notes in the G Series highlights one of the country’s ecosystems, in this case the temperate forest known worldwide as the "Monarch Butterfly Biosphere Reserve". 

The design continues to highlight Mexican cultural and historic characteristics with new graphic motifs and improved security features.



On the Front the 100 Peso Banknote the predominantly red-colored Banknote printed in the increasingly popular vertical format features one of Mexico’s national heroines, the 17th century nun, poet, and writer Sor Juana Indes de la Cruz. 










For the IBNS "Banknote of the Year Award" winner posts on this blog, please visit the following links:
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