2002-03 Bank of Mexico 20 Pesos Note - Choice of Issue Date - Extremely Fine (XF) Grade - 2002 Mexican Twenty Peso Banknote - P#116

This listing is for the photographed 2002-2003 Banco de Mexico 20 Pesos Note. Choice of issue dates March 26th, 2002 (26.3.2002) and May 23rd, 2003 (23.5.2003). Portrait of Benito Juarez on the right end of the obverse side of this note. The reverse of this note depicts the Benito Juarez Hemicycle, a popular neoclassical monument in Mexico. Extremely Fine (XF) grade/condition with minor folds and signs of wear, crisp note! Excellent Mexican note with a beautiful design. Great addition to any collection! P#116 (Pick Number 116).

The Bank of Mexico, known as "Banco de México" (Banxico), was established on September 1, 1925, in the aftermath of the Mexican Revolution. This revolutionary period highlighted the need for a central institution to stabilize and support Mexico’s financial system. At the time, multiple banks issued currency, which led to confusion, inflation, and lack of confidence in the nation's currency. Banxico’s creation centralized the issuance of banknotes, aiming to stabilize the economy and reinforce public trust.

Banxico issued its first official banknotes in 1925. These notes reflected the nation's wealth and history, and the designs were updated regularly to emphasize both modern achievements and traditional Mexican culture. The first series of banknotes featured prominent Mexican leaders and symbols of national pride.

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2002-03 Bank of Mexico 20 Pesos Note - Choice of Issue Date - Extremely Fine (XF) Grade - 2002 Mexican Twenty Peso Banknote - P#116