Banknotes belonging to the D1-type have similar design features to those of D-type banknotes but include new security features. The 50-, 100-, 200-, and 500-peso denominations entered circulation in 2001. The 20-peso banknote was the first polymer banknote and it entered circulation in 2002. The 1000-peso banknote entered circulation in 2004.

They are currently in the process of being withdrawn from circulation.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 However, by Banco de México’s resolution they are withdrawn from circulation by commercial banks.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 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 banknotes entered circulation September 30, 2002
Size (mm) 129 x 66
Material Polymer
Denomination 20 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 banknotes entered circulation October 15, 2001
Size (mm) 129 x 66
Material Cotton paper
Denomination 50 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 banknotes entered circulation

October 15, 2001

With tactile intaglio and embossing entered circulation: December 19, 2005

Size (mm) 155 x 66
Material Cotton paper
Denomination 100 pesos
Current value 100 pesos
Obverse

Efigie de Juana de Asbaje y a la izquierda, un libro de la época, su tintero y parte de su biblioteca.

Reverse

Templo de San Jerónimo y elementos ornamentales de la época.

Date when the banknotes entered circulation

15 de octubre de 2001

With tactile intaglio and embossing entered circulation: December 19, 2005

Size (mm) 155 x 66
Material Cotton paper
Denomination 200 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 banknotes entered circulation

October 15, 2001

With tactile intaglio and embossing entered circulation: December 19, 2005

Size (mm) 155 x 66
Material Cotton paper
Denomination 500 pesos
Current value 500 pesos
Obverse

The banknote front features an effigy of Miguel Hidalgo y Costilla, the “Padre de la Patria” (Father of the Nation), which is an interpretation of the painting by Joaquín Ramírez in 1865. It is complemented by the bell of the Church of Dolores.

Reverse

On the back, a view of the University of Guanajuato complemented by the “Fuente de Baratillo” (Fountain of the Junk Market), which is located in the plaza of the same name in the center of the City of Guanajuato.

Date when the banknotes entered circulation November 15, 2004
Size (mm) 155 x 66
Material Cotton paper
Denomination 1,000 pesos
Current value

1,000 pesos