How much is a 1988 peso?

How much is a 1988 peso?

Mexico inflation – Conversion table

Initial Value Equivalent value
$1 peso in 1988 $26.75 pesos today
$5 pesos in 1988 $133.74 pesos today
$10 pesos in 1988 $267.47 pesos today
$50 pesos in 1988 $1,337.36 pesos today

What is a 1989 1000 peso coin made of?

Information:

Krause number KM# 536
Year 1989
Period United Mexican States (1970 – 1992)
Coin type Circulation coins
Composition Aluminium-Bronze

How much is a 1990 $1000 peso worth?

Mexico inflation – Conversion table

Initial Value Equivalent value
$1,000 pesos in 1990 $14,740.77 pesos today
$5,000 pesos in 1990 $73,703.85 pesos today
$10,000 pesos in 1990 $147,407.71 pesos today
$50,000 pesos in 1990 $737,038.54 pesos today

Does old Mexican money have value?

a $100,000 peso note dating back to 1991 is exchangeable today for a current-day $100 peso note; $1 and $5 peso notes dating back to pre-1975 are worth fractions of a Mexican cent and are now no more than museum pieces and collectors’ items.

What are old Mexican pesos worth?

For the current value of old Mexican coins, see this page. For example, a $1000 peso note dating back to the late 70’s/early 80’s is worth just one Mexican peso today. A $100,000 peso note dating back to 1991 is exchangeable today for a $100 peso note with a value of around US$9.

How much is a 1000 peso coin worth in American money?

1,000 MXN to USD The cost of 1,000 Mexican Pesos in United States Dollars today is $49.23 according to the “Open Exchange Rates”, compared to yesterday, the exchange rate increased by 0.10% (by +$0.000048).

What was the peso worth in 1989?

Mexico inflation – Conversion table

Initial Value Equivalent value
$1 peso in 1989 $17.64 pesos today
$5 pesos in 1989 $88.2 pesos today
$10 pesos in 1989 $176.4 pesos today
$50 pesos in 1989 $881.98 pesos today

What are Mexican coins worth in America?

The size of the peso coins reflects its hierarchy of value. Americans and Canadians have more spending power than they have had in recent years past in Mexico. As of this publication (September of 2017) The exchange rate for an American is about $17 MXN= $1 USD.

What is the value of Mexican coins?

Mexican Pesos Denominations Coins have a value proportional to their size. Small coins are worth 5, 10, 20 and 50 Mexican cents. The biggest ones are worth 1, 2, 5, 10, 20 and 50 Mexican pesos.

How much is 1000 pesos coin worth in US dollars?

Are you overpaying your bank?

Conversion rates Mexican Peso / US Dollar
100 MXN 4.91618 USD
250 MXN 12.29045 USD
500 MXN 24.58090 USD
1000 MXN 49.16180 USD

How much is a 1000 peso coin worth in US dollars?

How much is a 1988 1000 peso coin worth?

So, for any Mexican currency minted prior to that date, you need to lop off three zeros to get its current worth in pesos. That means you 1988 $1,000 peso coin is worth one (1) current Mexican peso. At current exchange rates, that makes this coin worth just barely more than a nickle in U.S. currency.

When did the 1000 Mexican peso go out of circulation?

Out of circulation since the early 90s. So the old coins and bank notes lost their nominal value within a year or two. The 1000 peso coins were issued from 1988 till 1992 and are made of bronze, which isn’t a particularly expensive alloy considering its size of about a US half dollar coin.

When did Mexico start using the US dollar?

Mexico uses it for the peso, and it’s been used over there since probably the 1730s with the Spanish escudo. Canada, Australia, Monopoly, and many other countries/entities with “dollar” as their currency use or have used the dollar sign. It doesn’t mean US dollar everywhere; Lord knows, it should, it would be so much easier.

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