Found some Mexican Currency
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From: Kelowna, BC
Originally Posted by weezie,Jun 28 2005, 05:19 PM
Does this seem to fit? Something called a "national ticket"; don't know what that is though.
$5,000.00
Obverse : The young cadets of the Military School known like "Young Heroes" the Armed intervention of 1847, with the flag of the Active Battalion of San Blas to the center and, in filigree to the right, the bust of Juan of the Barrier.
Reverso : Castle of Chapultepec, Mexico, D.F., seat of develops it heroic of the cadets of the Military School.
Dominant colors: red, blue and green.
From series GC the pale blue paper by another color was replaced cream and the water mark was eliminated, extending the designs of obverse and reverso.
Edit: I think what you have is what they call "the old pesos". Apparently they re-valued the currency in 94, so 1000 old pesos are now 1 "new peso". That note would be 5 pesos or around 50 cents american I gather.
$5,000.00
Obverse : The young cadets of the Military School known like "Young Heroes" the Armed intervention of 1847, with the flag of the Active Battalion of San Blas to the center and, in filigree to the right, the bust of Juan of the Barrier.
Reverso : Castle of Chapultepec, Mexico, D.F., seat of develops it heroic of the cadets of the Military School.
Dominant colors: red, blue and green.
From series GC the pale blue paper by another color was replaced cream and the water mark was eliminated, extending the designs of obverse and reverso.
Edit: I think what you have is what they call "the old pesos". Apparently they re-valued the currency in 94, so 1000 old pesos are now 1 "new peso". That note would be 5 pesos or around 50 cents american I gather.
Thanks very much for your help everyone
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From: Kelowna, BC
Did some more research and found this:
Old Mexican pesos can be exchanged at currency exchange centers in Mexico for their equivalent amount in the new currency. ie 2000 pesos old for 2000 pesos new. This according to the Banco de Mexico website. Here's what their site says:
Domestic Currency Exchange Centers have been established in 563 commercial bank offices of 208 locations throughout the country. The operation of the exchange centers is regulated by the rules that were published in the Official Journal of the Federation on January 25, 1996. Any person may attend the exchange centers to ask for the following services:
* Exchange of national banknotes or coins for others of different denomination. * Valuation of damaged banknotes (incomplete, taped, stamped or soiled banknotes). * Exchange of demonetized currency by its equivalent amount with legal tender banknotes or coins.
Old Mexican pesos can be exchanged at currency exchange centers in Mexico for their equivalent amount in the new currency. ie 2000 pesos old for 2000 pesos new. This according to the Banco de Mexico website. Here's what their site says:
Domestic Currency Exchange Centers have been established in 563 commercial bank offices of 208 locations throughout the country. The operation of the exchange centers is regulated by the rules that were published in the Official Journal of the Federation on January 25, 1996. Any person may attend the exchange centers to ask for the following services:
* Exchange of national banknotes or coins for others of different denomination. * Valuation of damaged banknotes (incomplete, taped, stamped or soiled banknotes). * Exchange of demonetized currency by its equivalent amount with legal tender banknotes or coins.
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Originally Posted by Monkei,Jun 28 2005, 09:17 PM
That is exactly it!
Thanks very much for your help everyone
Thanks very much for your help everyone
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From: Longmont, CO
I spent a month in Mexico as part of a summar program for school when I was in jr high. That was in '86. IIRC, I traded in $20 USD bills for 10,000 pesos. I went back the next summer, in '87, and exchanged $20 USD bills for about 20,000 pesos. (It's been a while so I don't remember exactly.)
Imagine living in a coutry who's currency's value was halved every year.
Imagine living in a coutry who's currency's value was halved every year.
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From: Cherry Hill, NJ
Originally Posted by Elistan,Jun 29 2005, 10:57 PM
Imagine living in a coutry who's currency's value was halved every year.
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From: Longmont, CO
Originally Posted by DiamondDave2005,Jun 30 2005, 02:29 PM
If you live in the US, it takes around 10 years...although if they keep printing useless paper to pay the national debt, it may take less than that.
CPI in 2004 was 188.9. It was in 81-82 that it was half that.ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt
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