The AA-type banknotes, manufactured by the American Bank Note Company, were put into circulation by Banco de Mexico as follows: the first issue between 1925 and 1934, the second issue between 1936 and 1942, and the third between 1936 and 1978. 

They were withdrawn from circulation as from 1992. They are currently demonetized because they belong to the monetary unit that remained valid until December 31, 1992. This means that they are no longer legal tender and cannot be used for transactions. Their current value is equivalent to one thousandth of their original value.

First issuance

Characteristics of the five peso banknote from the first series.

Obverse

The banknote front features an image of an Algerian young woman, popularly known as "the gipsy."

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico
First published: 2024
Photograph title: BILLNAC 6694anv
Collection titles: CNBM-OIDGE-1

Reverse

On the back, the Column of Independence, popularly known as the "Angel of Independence", in Mexico City.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico
First published: 2024
Photograph title: BILLNAC 6694rev
Collection title: CNBM-OIDGE-1

Years of issuance 1925, 1931-1934
Size (mm) 180 x 83
Material Cotton paper
Denomination 5 pesos
Current value 0.005 pesos

Characteristics of the ten peso banknote of the first series

Obverse

Allegory of two winged nymphs holding an open book, symbolizing "The Law".

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: BILLNAC 1811anv
Collection title: CNBM-OIDGE-1

Reverse

On the back, the Column of Independence, popularly known as the "Angel of Independece", in Mexico City.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: BILLNAC 1811rev
Collection title: CNBM-OIDGE-1

Years of issuance 1925, 1931-1934
Size (mm) 180 x 83
Material Cotton paper
Denomination 10 pesos
Current value 0.01 pesos

Characteristics of the twenty peso banknote of the first series

Obverse

Port scene featuring different means of transport.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: BILLNAC 1858anv
Collection title: CNBM-OIDGE-1

Reverse

On the back, the Column of Independence, popularly known as the "Angel of Independece", in Mexico City.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: BILLNAC 1858rev
Collection title: CNBM-OIDGE-1

Years of issuance 1925, 1931-1934
Size (mm) 180 x 83
Material Cotton paper
Denomination 20 pesos
Current value 0.02 pesos

Characteristics of the fifty peso banknote of the first series

Obverse

Alleory of navigation.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: BILLNAC 1875anv
Collection title: CNBM-OIDGE-1

Reverse

On the back, the Column of Independence, popularly known as the "Angel of Independece", in Mexico City.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: BILLNAC 1875rev
Collection title: CNBM-OIDGE-1

Years of issuance 1925, 1931-1934
Size (mm) 180 x 83
Material Cotton paper
Denomination 50 pesos
Current value 0.05 pesos

Characteristics of the one hundred peso banknote of the first series

Obverse

Allegory of maritime trade.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: BILLNAC 1892anv
Collection title: CNBM-OIDGE-1

Reverse

On the back, the Column of Independence, popularly known as the "Angel of Independece", in Mexico City.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: BILLNAC 1892rev
Collection title: CNBM-OIDGE-1

Years of issuance 1925, 1931-1934
Size (mm) 180 x 83
Material Cotton paper
Denomination 100 pesos
Current value 0.10 pesos

Characteristics of the five hundred peso banknote of the first series

Obverse

Allegory of electrical energy.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: BILLNAC 12536anv
Collection title: CNBM-OIDGE-1

Reverse

On the back, the Column of Independence, popularly known as the "Angel of Independece", in Mexico City.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: BILLNAC 12536rev
Collection title: CNBM-OIDGE-1

Years of issuance 1925, 1931-1934
Size (mm) 180 x 83
Material Cotton paper
Denomination 500 pesos
Current value 0.50 pesos

Characteristics of the one thousand peso banknote of the first series

Obverse

Allegorical figure Tyche, the Greek goddess of fate.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: ESPNAC 158anv
Collection title: CNBM-OIDGE-1

Reverse

On the back, the Column of Independence, popularly known as the "Angel of Independece", in Mexico City.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: ESPNAC 162anv
Collection title: CNBM-OIDGE-1

Years of issuance 1925, 1931-1934
Size (mm) 180 x 83
Material Cotton paper
Denomination 1,000 pesos
Current value 1 peso

Second issuance

Characteristics of the five peso banknote of the second series

Obverse

The banknote front features an image of an Algerian young woman, popularly known as "the gipsy."

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: ESPNAC 524anv
Collection title: CNBM-OIDGE-1

Reverse

On the back, the Column of Independence, popularly known as the "Angel of Independece", in Mexico City.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: ESPNAC 524rev
Collection title: CNBM-OIDGE-1

Years of issuance 1936
Size (mm) 157 x 67
Material Cotton paper
Denomination 5 pesos
Current value 0.005 pesos

Characteristics of the ten peso banknote of the second series

Obverse

Allegory of two winged nymphs holding an open book, symbolizing "The Law".

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: BILLNAC 12505anv
Collection title: CNBM-OIDGE-1

Reverse

On the back, the Column of Independence, popularly known as the "Angel of Independece", in Mexico City.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: BILLNAC 12505rev
Collection title: CNBM-OIDGE-1

Years of issuance 1936
Size (mm) 157 x 67
Material Cotton paper
Denomination 10 pesos
Current value 0.01 pesos

Characteristics of the fifty peso banknote of the second series

Obverse

Portrait of Ignacio Zaragoza.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: BILLNAC 1886anv
Collection title: CNBM-OIDGE-1

Reverse

Panoramic view featuring the Iztaccihuatl and Popocatépetl volcanoes.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: BILLNAC 1886rev
Collection title: CNBM-OIDGE-1

Years of issuance 1937, 1940
Size (mm) 157 x 67
Material Cotton paper
Denomination 50 pesos
Current value 0.05 pesos

Characteristics of the one hundred peso banknote of the second series

Obverse

Portrait of Francisco I. Madero.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: BILLNAC 1912anv
Collection title: CNBM-OIDGE-1

Reverse

View of Banco de México's main building.

All rights reserved ©
César Santiago Hernández
BANCO DE MÉXICO
Ave. 5 de Mayo, 2, Centro, 06000, Cuauhtémoc, Mexico City, Mexico.
First published: 2024
Photograph title: BILLNAC 1912rev
Collection title: CNBM-OIDGE-1

Years of issuance 1936, 1940-1942
Size (mm) 157 x 67
Material Cotton paper
Denomination 100 pesos
Current value 0.10 pesos