Face value of 87 thousand pesos to canadian

Discussion in 'World Coins' started by tristen1230, May 5, 2012.

  1. tristen1230

    tristen1230 New Member

    I found a bunch of these bills.
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. pballer225

    pballer225 Member

    $6,576.35 according to Google. You can just search "mexican peso to CAD" and it comes right up.
     
  4. vdbpenny1995

    vdbpenny1995 Well-Known Member

    If there old, they are worth nothing since they have revalued there currency semi recently.
     
  5. Lon Chaney

    Lon Chaney Well-Known Member

    How'd you find them?
     
  6. ikandiggit

    ikandiggit Currency Error Collector

    Gotta see pics.
     
  7. chrisild

    chrisild Coin Collector

    If these are Mexican pesos (MXN), then yes, you have about 6,500 dollars (CAD). However, if they are from before 1993, you have about 6.500 dollars, provided that the old money can still be exchanged or redeemed ...

    Christian
     
  8. medoraman

    medoraman Supporter! Supporter

    Yeah, there have been currency revaluations and changes in Mexico unlike the US and Canada. Depends on what kind of Mexican pesos they are.
     
  9. chrisild

    chrisild Coin Collector

    If those are Mexican at all - they also have pesos in Argentina and Chile for example. Only the OP will know what he has. ;) Assuming those are pre-1993 Mexican notes, the central bank will still exchange them, it seems:

    "The following operations can be performed at an exchange center: (...) Exchange of domestic coins and/or banknotes that have been demonetized or are in the process of being retired from circulation, for equivalent coins or banknotes that are currently in circulation. (...) Demonetized banknotes correspond to the previous monetary unit in effect until December 31st, 1992, and their present value is equivalent to the indicated denomination divided by one thousand. For example: a demonetized ten thousand peso banknote (prior to 1993) has a present value of ten pesos." http://www.banxico.org.mx/billetes-...n-mal-estado-o-antiguas/exchange-centers.html

    How much sense that makes if the notes have a total value of roughly $6.50 is a different question ...

    Christian
     
  10. Collect89

    Collect89 Coin Collector

    I too have several thousands of Mexico pesos in currency. I received the pesos from the lady that raised me. Her name was Kita and she raised my father also. They were obsolete currency when I received them and they are not exchangeable for modern curency. :(
     
  11. chrisild

    chrisild Coin Collector

    Are you saying that the central bank posts inaccurate information? Strange ...

    Christian
     
Draft saved Draft deleted

Share This Page