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New banknotes in circulation: MXN, AUD y NOK

There are new banknotes in circulation.

In recent months several new banknotes have been put into circulation. We tell you how they are, what currencies and where you can find more information.

 

New note of 200 Mexican Pesos

In September 2019, the Central Bank of Mexico has started issuing a new 200 Mexican Pesos note. This new note has a different design from the previous one in which the historical legacy and the natural wealth of the country are reflected.

At the moment, several series of banknotes coexist and the Central Bank of Mexico will renew the ones that have still been issued from the G series: those of 20, 50, 100 and 1,000 Pesos.

More information about the currency of Mexico, its history and the characters that appear in it.

 

New 20 Australian Dollar note

In 2016, the Reserve Bank of Australia began issuing a new series of banknotes. The first notes that were renewed were those of 5, 10 and 50 Australian Dollars. In October 2019, the new 20 Australian Dollar note came into circulation. In this way, only the new 100 Australian Dollar note remains to be launched, which is scheduled to be launched in 2020.

At the moment all Australian Dollar notes of the old and new series are valid and can be used interchangeably.

More information about the history, design and other information of interest about the currency of Australia.

 

New 1,000 Norwegian Krone note

In November 2019, the Central Bank of Norway has put into circulation the last note that was still to be updated, the new note of 1,000 Norwegian Krone. With this note, the process of renewal of the Norwegian Krone that began in 2017 ends.

The old notes of 1,000 Norwegian Krone will remain valid until their withdrawal in November 2020. The other denominations of the old series have already been withdrawn, so they have no legal validity.

More information about the currency of Norway, its notes and the history of this currency.

 

How to change banknotes out of circulation?

Banknotes out of circulation of any currency can only be exchanged at the issuing bank, which is usually the Central Bank of the country.

Sometimes there are deadlines to change old bills and, although it is not usual, some charge a small fee for making the change.

It is best that you look for the information on the website of the country's Central Bank.

The Mexican Peso

If you are going to travel to Mexico, don’t miss out on this post

If you're traveling to Mexico soon, don't miss our post to learn a bit more about its currency, the Mexican Peso (MXN).

The Mexican peso is the official currency of Mexico. Its ISO 4217 code is MXN and its symbol is $. Each peso is divided into 100 cents.

Mexican Peso banknotes

History

At the time of the conquest, the Spaniards introduced coins they carried and used them in conjunction as ways of payment with the natives (along with cacao, beads, feathers) or trade. In the sixteenth century the first factory of minting (Mint of Mexico) was inaugurated and began to mint the Peso. In 1925 the Bank of Mexico would be responsible for issuing the bank notes are created. In the 90s, due to inflation, the old peso was replaced by the new peso, as we know it today.

Notes and coins

Mexican Pesos banknotes are 20, 50, 100, 200, 500 and 100 Pesos. The 20 and 50 are polymer and 100, 200, 500 and 1000 are cotton paper. There are a number of notes in circulation plus two Mexican independence commemorative banknotes, the 100 and 200 pesos.

Mexican Pesos coins are 5, 10, 20 and 50 cents and 1, 2, 5, 10 and 20 pesos.

Mexican Peso rate (MXN) On our website you can check the rate of the Mexican Peso daily updated. You will be able to make a reservation of Pesos (if we have them in stock) or if you prefer you can directly buy your Mexican Pesos and receive them at home. Remember that you can exchange your leftover Pesos back to Euros in any of our exchange offices. We just accept notes, so remember to change the coins before you leave Chile.

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