2 differnt bills

Discussion in 'Paper Money' started by brittspookie, Jan 18, 2008.

  1. brittspookie

    brittspookie New Member

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  3. Car10

    Car10 Senior Member

    Ashley- I was in Mexico in 1988. Those bills were worth about US$1 back then.
     
  4. brittspookie

    brittspookie New Member

    when we converted 2 mil pesos into us dollars it came out to like 100 something.
     
  5. tseehorn

    tseehorn New Member

    "Dos Mil" means two thousand :smile
     
  6. Magman

    Magman U.S. Money Collector

    yup.
    current 1 dollar is 10.8 pesos.
    So therefore, 2000 pesos is $185.18

    :thumb:
     
  7. hontonai

    hontonai Registered Contrarian

    And after the currency devaluation of 1992 the the note was only worth 2 pesos, currently 15.5¢!
     
  8. Car10

    Car10 Senior Member


    The Mexican Peso was revalued on January 1, 1993. Pesos dated before that date (Old Mexican Pesos - MXP) are 1000 times less valuable than the New Mexican Pesos - MXN.

    2000 old pesos=US 18.5 cents
     
  9. Daggarjon

    Daggarjon Supporter**

    i really hate (but thuroughly enjoy :p) trying to figure out currency values in US dollars when they re-evaulated themselves. There is one country on my site (one i cant seem to find right now) that in the last century they have done it quite a few times. So if you have a note from mid 1800's, you have like 6 currencys you have to go through lol. Can be quite a chore :D
     
  10. gatzdon

    gatzdon Numismatist

    Actually, many countries give an expiration date to cash in your old currency. Once that date has passed, then your note is worth $0.00. Sucks, but much easier to calculate.
     
  11. Daggarjon

    Daggarjon Supporter**

    i didnt realize that gatzdon! I was always under the impression that one could allways convert based on the exchange rate when the new currency was converted!

    so that just means i have alot of worthless notes (exchange wise) but they still look cool to me :D
     
  12. gatzdon

    gatzdon Numismatist

    Wikipedia has some nice information for each country regarding the conversion to euros. While you will find some countries still redeem their old currency, you will find many have set expiration dates that have already passed for redeeming currency. Many even had shorter expiration dates for coins.
     
  13. Daggarjon

    Daggarjon Supporter**

    i will have to pay attention to those countries where redemption as no longer an option. It shuld make aquiring such notes a bit cheaper :D
     
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