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29 February, 2020

Mexico - 200 Pesos 25th Anniversary of the Autonomy of Banco de Mexico 1994-2019 Commemorative

Estados Unidos Mexicanos
(United Mexican States)

Banco de Mexico
(Bank of Mexico)
Currency : Peso (MXN)

Here is a complete set of Mexico 200 pesos issued on 02.09.2019 commemorating the 25th Anniversary of the Autonomy of Banco de Mexico 1994-2019. The design of the notes are the same as those issued previously except the commemorative texts are added to the note under the bank's name - 25 Aniversario de la Autonomia 1994-2019.

What does the autonomy means to the bank? It means that the Bank of Mexico has the autonomy in managing the country's money supply, credit policy and requires staggered terms for members of the bank's governing body, so as to prevent selection of a majority during the term of any one Mexican president. It also means that the bank does not have to take instructions from the government of the day for printing more money to pay for the deficits, just like the United States and Germany. Independence also means less pressure from politicians too.

Design
Front; Campana de Dolores (Bell of Dolores) which was used to call upon the population and start the independence movement in Dolores Hidaigo, Don Miguel Gregorio Antonio Francisco Ignacio Hidalgo-Costilla y Gallaga Mandarte Villaseñor (priest 1753-1811) who started the Mexico's War of Independence in Dolores Hidaigo and José María Teclo Morelos Pérez y Pavón (1765-1815) who assumed the leadership of the independent movement after the death of Hidalgo;

Back; royal eagle, Biosphere of El Pinacate (desert) and Gran Deserto de Altar in Sonora UNESCO World Heritage site.

All five notes bear the Cashier's signature - Alejandro Alegre Rabiela

Board of Governor signatures
AW 6889558 - Javier Eduardo Guzman Calafell
AX 2888471 - Irene Espinosa Cantellano
AY 9888458 - Gerardo Esquivel Hernandez
AZ 5889829 - Alejandro Diaz de Leon Carillo
BA 8889117 - Jonathan Health

Two Hundred Pesos
Dated 2019, s Alejandro Alegre Rabiela & Javier Eduardo Guzman Calafell
Two Hundred Pesos
Dated 2019, s Alejandro Alegre Rabiela & Irene Espinosa Cantellano
Two Hundred Pesos
Dated 2019, s Alejandro Alegre Rabiela & Gerardo Esquivel Hernandez
Two Hundred Pesos
Dated 2019, s Alejandro Alegre Rabiela & Alejandro Diaz de Leon Carillo
Two Hundred Pesos
Dated 2019, s Alejandro Alegre Rabiela & Jonathan Health
Reverse, royal eagle, Biosphere of El Pinacate (desert) and Gran Deserto de Altar in Sonora UNESCO World Heritage site.

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