Question about Pesos

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jojo-scott
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Question about Pesos

Post by jojo-scott » Fri Jan 21, 2011 8:19 pm

Hi everyone. My neighbor passed away and his wife gave me a bunch of peso bills and coins. Is the 2000 peso bill still useable and if so how much is it worth? Thanks

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katnsocal
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Post by katnsocal » Sun Jan 23, 2011 9:01 am

Mexico revalued their currency in 1994 so a $2000 bill from 2000 you will still be able to use. The with the current rates at about 12 to 1 it is worth about $240 US give or take as the rate fluccuates daily according to the market.

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Post by jojo-scott » Tue Jan 25, 2011 12:42 am

Wow that's great!! I figured it would be useless. Thanks for the reply

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tim25
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Post by tim25 » Tue Jan 25, 2011 3:49 pm

I can honestly say that I haven't seen a MXN$2000 bill since they devalued the old Peso...

Looking on wikipedia, it appears that they do NOT currently have a $2K note.

http://en.wikipedia.org/wiki/Mexican_peso

TIM

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Post by jojo-scott » Tue Jan 25, 2011 7:54 pm

thanks tim, i was doing some searching as well. this peso note is dated 1989 i think so i think it's pretty useless. i am going to double check with my bank

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Post by katnsocal » Tue Jan 25, 2011 9:02 pm

Anything older than 1994 is no longer any good.

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