Banknotes belonging to the C-type entered circulation in 1994 and have design features similar to those of B-type banknotes. They are denominated in “new pesos.” A “new peso” is equivalent to 1000 pesos of the previous monetary unit.

They are currently in the process of being withdrawn from circulation. This means that they continue to be legal tender (their face value is the denomination stated). However, by Banco de México’s resolution they are withdrawn from circulation by commercial banks. This means that are valid for commercial and exchange transactions but when they arrive to commercial banks, they are set apart to be deposited in Banco de México and will no longer be handed out to the public.

Obverse

The banknote front features a portrait of Emiliano Zapata with a smaller image of a pair of hands holding corncobs

Reverse

The banknote back shows an equestrian sculpture of Emiliano Zapata in Cuautla, Morelos. In the background, the Popocatépetl and Iztaccíhuatl volcanoes.

Date when the banknote entered circulation October 3, 1994
Size (mm) 129 x 66
Material Cotton paper
Denomination 10 new pesos
Current value

10 pesos

Obverse

The banknote front features a portrait of Benito Juárez; to the left, the eagle that represents the award to patriotism.

Reverse

On the back, the “Hemiciclo a Juárez” (Monument to Benito Juárez in Mexico City).

Date when the banknote entered circulation October 3, 1994
Size (mm) 129 x 66
Material Cotton paper
Denomination 20 new pesos
Current value

20 pesos

Obverse

The banknote front features a portrait of José María Morelos y Pavón; to the left, the banner used by the forces of Morelos and two cannons used in those days, opposed to each other.

Reverse

On the back, an allegory of the State of Michoacán with a view of the Lake of Pátzcuaro; to the left, a pair of masks of the type used in the folk dance called “Danza de los Viejitos (Dance of the Little Old Men) and three monarch butterflies.

Date when the banknote entered circulation October 3, 1994
Size (mm) 129 x 66
Material Cotton paper
Denomination 50 new pesos
Current value 50 pesos
Obverse

The banknote front features a portrait of Nezahualcóyotl (Monarch of Texcoco); to the left, a drawing representing a “Tlatoani” (Aztec monarch).

Reverse

On the back, a reproduction of a sculpture of “Xochipilli”, Aztec god of flowers and songs; to the left, a sculpture of “Xiuhcoátl” or fire serpent.

Date when the banknote entered circulation October 3, 1994
Size (mm) 155 x 66
Material Cotton paper
Denomination 100 new pesos
Current value

100 pesos

Obverse

The banknote front features a portrait of Juana de Asbaje (known as Sor Juana Inés de la Cruz); to the left, a book published in those days, Sor Juana’s inkwell and part of her library.

Reverse

On the back, the Templo de San Jerónimo (Temple of San Jerónimo) and some ornamental elements used at that time.

Date when the banknote entered circulation October 3, 1994
Size (mm) 155 x 66
Material Cotton paper
Denomination 200 new pesos
Current value

200 pesos

Obverse

The banknote front features a portrait of Ignacio Zaragoza; to the left, a representation of a detail of the work "Fuertes combates sostenidos en los cerros de Loreto y Guadalupe" (Fierce battles at the hills of Loreto and Guadalupe) by the Spanish landscape and portrait painter José Cusachs.

Reverse

On the back, a representation of the bell tower and domes of the Cathedral of Puebla and ornamental elements typical of the region.

Date when the banknote entered circulation October 3, 1994
Size (mm) 155 x 66
Material Cotton paper
Denomination 500 new pesos
Current value

500 pesos