economy and politics

This is how the new 20 peso coins are

new-currency-20-pesos

new $20 coin

The first thing you should know is that this currency is legal tender, that is, it can be used to make payments anywhere and should not be rejected.

The new currency was put into circulation on August 8.

The issue of this coin was announced in the Official Gazette of the Federation (DOF) on April 25, 2022. The coin is dodecagonal in shape and has a diameter of 30 millimeters.

It is bimetallic whose ring has an alloy of bronze and aluminum as well as a central part of silver nickel.

The content of the ring is 92% copper, 6% aluminum and 2% nickel. The content of the central part of the coin contains 65% copper, 10% nickel and 25% zinc.

new-currency-20-pesos
The new 20-peso coin is already in circulation.

On the front you can see a railway and a family of Mennonites with a legend of “Pioneer Community” in capital letters.

The legend “One hundred years after the arrival of the Mennonites in Mexico” can also be read on the ring.

What other designs does the 20 peso coin have in Mexico?

This is not the only 20 peso coin in circulation. Banxico has a plan to gradually remove the 20-peso bills, as they deteriorate, so that in a few years only coins of this denomination will be handled.

Don’t worry, if you have saved banknotes from other years or designs in a piggy bank, they are still good and you can exchange them at any bank branch for new design banknotes.

Other 20-peso coins also have designs such as the commemoration of the 700th anniversary of the foundation of Tenochtitlán, the 500 years of historical memory of Mexico-Tenochtitlán, the bicentennial of National Independence.

Commemorative coin of 20 pesos;  the reverse is allusive to the
The reverse of the coin alluding to the “700 years of the lunar foundation of the city of Mexico-Tenochtitlan” It presents in the center the eagle from the “Teocalli of the Sacred War” and on it the microtext “TEOCALLI”.

There are also coins that commemorate the 500th anniversary of the founding of the city and port of Veracruz, the 50th anniversary of the Marine Plan, the fiftieth anniversary of the application of the DN-III-E plan, as well as the centenary of the enactment of the Political Constitution of February 5, 1917.



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