...Honduras - 200 Lempiras Dated 9 De Noviembre De 2023 Commemorative

Republica De Honduras

(Republic of Honduras)

 

Banco Central De Honduras

(Central Bank of Honduras)

Currency - Lempira (HNL)

 

This is a 200 lempiras released on 20.01.2026. The planning and printing of this note was first announced on 23.08.2023. A total of 20 million pieces were printed by Crane Currency in Malta. On 12.03.2026, the government of Honduras instructed all banks to cease distributing this note to the public for circulation. This note barely lasted 51 days and for those notes that have been released since January 2026 are still legal tender and no doubt any circulated notes returned back to the bank will not be reissued to the public again. Initially I had no intention to get this note until I saw this news. 

This note was issued to honor Bertha Isabel Caceres Flores, a leader in the field of Ecology. This is also the first time a female portrait is featured on a Honduras banknote, even though it did not last that long. This note should be treated as a commemorative note and as such I have also posted this same note to my Commemorative Banknotes section.

I believe this is how the story goes: -

2022 - the governing party in Honduras was the Liberty and Refoundation Party (left-wing party) headed by President Iris Xiomara Castro Sarmiento, the first female president of Honduras. Iris Xiomara Castro Sarmiento took office on 27.01.2022 and her single term ended on 27.01.2026. 

2023 - The intention of issuing this note was announced on 23.08.2023 by the central bank.

2026 - This note was officially released on 20.01.2026. The President of Honduras is elected by a simple majority vote to serve a single four-year term. The term begins on January 27th following the election and the country's constitution prohibits reelection.

2026 - On 27.01.2026, Nasry Juan Asfura Zablah became the President of Honduras and he is from the National Party of Honduras. The National Party of Honduras is a right-wing party. It is believed that because of Bertha Isabel Caceres Flores's activities during her lifetime, the current right-wing Honduras government is not a fan of what she did then and decided to cease issuing this note, thus the withdrawal was made on 12.03.2026. 

It is not sure what will happen to the rest of the unissued banknotes. Will they just leave them in the bank's vaults for storage or just simply destroy them all. if that happens, it would be a waste! What I do not understand is that the announcement for printing this note was made in April 2024, and only released a few days before the previous President's term ended. Why is it taking so long? What's the delay?

If you enjoy collecting banknotes that specifically come with an interesting story, like me, then this is one note you should be getting. This note is not rare and there are plenty to offer at the moment. All you have to do is to look for one that offers you the best price.  

 

Two Hundred Lempiras

Front - The front of the note depicts a portrait of Bertha Isabel Caceres Flores (b.1971-2016). Bertha Isabel Caceres Flores was an environmental activist and indigenous leader. She belonged to the Lenca indigenous people. In Honduras, the Lenca are the largest tribal group, with an estimated population of more than 450,000. During her lifetime, she defended many local native habitats, stopped the building of a dam at Rio Gualcarque. For many years, she received numerous threats against her life and on 02.03.2016, she was shot by two armed intruders at her home and died the following day. It is believed that her assassination was carried out by right-wing groups and possibly with foreign aid or assistance who were against her environmental activities. Several people were arrested after assassination, some of them were linked to the US-trained elite military troops and had trained in the USA. In November 2018, seven people were found guilty and sentenced to prison for her murder.

Signatures

Presidente/President (Central Bank) - Rebeca Patricia Santos

Gerente/Manager - Avila

Secretaria De Finanzas/Secretary of Finance - Ochoa 

Date - 9 De Noviembre De 2023 (released on 20.01.2026)

Quantity - 20,000,000 pieces 

Watermark - Bertha Isabel Caceres Flores and electrotype BCH

Sizes - 156mm x 67mm

Back - An aerial view of La Esperanza, a city located on the western side of Honduras. This city is about 3 hours and 30 minutes drive from the capital city of Tegucigalpa. This is also the city where Bertha Isabel Caceres Flores was born (home town). On the back, the note is also printed with the following text in Spanish: -

¡Despertemos humanidad!

¡Ya no hay tiempo!

 (Wake up humanity!

 There is no more times!)

To the center right is the Coat of Arms of Honduras.

...Mexico - 100 Pesos Polymer Set Of Five Notes Dated 06 January 2021

Estados Unidos Mexicanos

(United Mexican States)

Banco de Mexico

(Bank of Mexico)

Currency : Peso (MXN)

 

Posted below are the five notes of 100 pesos all printed with the date of 06.01.2021. This is the third issue of the historical identity and natural heritage series. This series was first introduced with the notes printed with the date of 08.05.2020. The second prints are all printed with the date of 31.08.2020, which I do not have.

 

Like all previous banknotes issued, the five notes posted here all have different signatures. 

 

Jonathan Heath Constable & Alejandro Alegre Rabiela;

Galia Borja Gomez & Alejandro Alegre Rabiela;

Alejandro Diaz de Leon Carillo & Alejandro Alegre Rabiela;

Gerardo Esquivel Hernandez & Alejandro Alegre Rabiela; and

Irene Espinosa Cantellano & Alejandro Alegre Rabiela.

 

One Hundred Pesos

 

Front - Juana Inés de la Cruz (b.1648-1695). Her birth name was Dona Ines de Asbaje y Ramirez de Santillana. During her lifetime, she was a nun, a writer, poet and a musician composer too. Image of Patio of the "Antiguo Colegio" San Ildefonso. This building is now used as a museum and cultural center in Mexico City. Originally it was established in 1588 as a Jesuit boarding school. This was dissolved in 1978 and turned it into a museum since then. 

 

 

 

 

Signatures

 

Junta De Gobierno - Jonathan Heath Constable

Cajero Principal - Alejandro Alegre Rabiela

Dimensions - 132mm x 65mm

 

 

 

 

 

 

 

Signatures

Junta De GobiernoAlejandro Diaz de Leon Carillo

Cajero Principal - Alejandro Alegre Rabiela

 

 

 

 

 

 

 

 

 

 

Signatures

Junta De Gobierno- Gerardo Esquivel Hernandez

Cajero Principal - Alejandro Alegre Rabiela

 

 

 

 

 

 

Signature

Junta De Gobierno - Irene Espinosa Cantellano

Cajero Principal - Alejandro Alegre Rabiela

 

 

 

 

 

 

 

 

 

Back - rain forest with Monarch butterflies flying around.

...Bolivia - No Value 200th Year of Independence 1825-2025

State of Bolivia

Banco Central De Bolivia

(Central Bank of Bolivia

Currency - Boliviano (BOB)

This is a commemorative polymer note (no value) released in early August 2025 celebrating the country's 200 years of independence 1825-2025. Whilst this is a commemorative note issued by Banco Central De Bolivia, it has no value printed on it and as such is not a legal tender banknote. 

The struggle of independence for Bolivia first started in 1809, and since then the country went through many revolutions and were all defeated by the Spanish army, until 1825 when Antonia Jose de Sucre and Simon Bolivar both defeated the Spanish army. Independence was declared on 6 August 1825. 

Whilst this is a commemorative polymer note issued by the central bank, it has no value printed on the note. This note was presented to the public on 4 August 2025 and is sold at 50 bolivianos per note. A total of 1.0 million pieces have been issued. I am not sure what is the purpose of printing this with no actual value on it. At least the central bank could have just printed a nominal value of say 1 or 10 bolivianos and you will not see anyone try to transact this note commercially at a loss. A piece of plastic sheet (banknote) with no face value is less attractive to many collectors, in my opinion.

 

No Value Numismatic product

Front - On the front, the note depicts the following heroes of Latin America.

Front row (L-R)

Alejo Calatayud (b.1705-1731) - A Mestizo silversmith from Oropesa Cochabamba province who led a violent rebellion and became a local hero amongst the plebeian masses of the province. - 

 

Juana Azurduy De Padilla (b.1780-1862) - She was a guerrilla military leader from Chuquisaca, Viceroyalty of the Río de la Plata. She and her husband, Manuel Ascencio Padilla fought for Bolivian and Argentine independence, earning the rank of Lieutenant Colonel.

 

Antonio Jose de Sucre y Alcala (b.1795-1830) - Also known as the "Gran Mariscal de Ayacucho", was a Venezuelan general and politician who served as the president of Bolivia from 1825 to 1828. He served as the 2nd President of Bolivia from 1825 to 1828.

Back row (L-R) 

Jose Manuel Baca Canoto (b.1790-1854) - A Bolivian poet, musician. composer, and soldier who played a significant role in the South American wars of independence. His portrait also appears in the Bolivia currency. 

 

Simon Bolivar (1783-1830) - Full name Simon Jose Antonio de la Santisima Trinidad Bolivar y Palacios. He was a famous freedom fighter in South America and is famous in countries like Colombo, Venezuela, Ecuador, Peru, Panama and Bolivia, of course.

 

Bartolina Sisi (b.1750-1782) - An Aymara indigenous leader who led a 40,000-strong army alongside her husband, Tupac Katari (below), against Spanish colonial rule in Bolivia. She was a military commander in the 1781 siege of La Paz. She was captured and executed by the Spanish on 05.09.1782. 

 

Tupak Katari (b.1750-1781) - An Aymara who started a major rebellion against Spanish rule in Upper Peru. The rebellion failed and he was executed by the Spanish.

 

Eustaquio Mendez El Moto Mendez (b.1784-1849) - A military commander and guerrilla leader in the South American wars of independence against the Spanish rule. 

 

Signatures

Presidente a.i. BCB - Roger Wdwin Rojas Ulo

Gerente General BCB - Ruben Gonzalo Ticona Chique

Date - 2025

Sizes - 150.5mm x 70mm  

Back - On the back, it depicts the Casa de la Libertad in Sucre and the Toborochi tree. 

 

...Cuba - 1000 Pesos 2025 Commemrative 65th Year Of Cuban Banking System (1960-2025)

 

República de Cuba
(Republic of Cuba)

Banco Central De Cuba (Est.1997)

(Central Bank of Cuba, previously National Bank of Cuba est.1948)
Currency - Peso (CUP)

This is a commemorative note dated 2025 and is issued to celebrate the country's 65 Years of Cuban Banking System (1960-2025). This note was reportedly issued officially on 21.10.2025. 

Whilst this note was issued to celebrate the country's 65th year of banking system, it is not much of a banking system or celebration as all banks in Cuba were nationalised in October 1960. The nationalisation of all banks in Cuba commenced on 17.09.1960, started with the three major US owned banks, namely - The National City Bank of New York, Chase Manhattan Bank (was then known as Chase National Bank) and Bank of Boston. The rest of the remaining banks were nationalised on 13.10.1960. However, two foreign banks were not initially included in this nationalisation programme, namely The Royal Bank of Canada and Bank of Nova Scotia. Despite this concession, these two banks later closed their operations in Cuba and both were acquired by the Cuban state by the end of 1960. 

It was reported that public opinions on this new note were mixed and some criticised the relevance of this commemorative note and the cost of printing of this note. Opinions on this note including the questions of having this new note issued without backing can only worsen the current rampant inflation that the country is already experiencing, and if this note was issued to celebrate the country's 65th year of economic disaster. Obviously the majority of the comments were directed to the current Cuban economy and the need for such notes and the cost associated with issuing a newly designed note. I wonder if new stock for the 1000 pesos banknotes are needed but even then, the authority can still use the previous design and simply just add a commemorative logo on it, rather than redesigning the reverse side of the note, which would cost the bank extra to produce them. 

 

One Thousand Pesos 

 

Front - The design on the front is the same as the current 1000 pesos note printed with the portrait of Julio Antonio Mella McPartland (b.1903-1929). McPartland was a Cuban political activist, journalist and a communist revolutionary. He was also one of the founding members of the Communist Party of Cuba. He was assassinated in 1929, while walking on his way home late at night in Mexico City Mexico. At the time of his assassination, he was walking with photographer Tina Modotti, and after the assassination, the Mexican government tried to implicate her in the murder by defaming her in public with the help of the Americans. Until today, the McPartland murder case is still unresolved. McPartland is related to Matias Ramon Mella Castillo (paternal grandfather b.1816-1864), the founding father of the Dominican Republic. The commemorative logo and text - Sistema Bancario Cubano are printed on the note. 

Signature - Juana Lilia Delgado (since 2024)

Watermarks - Julio Antonio Mella McPartland and electrotype 1000

Date - ANO 2025

Size - 150mm x 69mm

Back - Unlike the normal 1000 pesos in circulation, the design on the back for this commemorative is completely new. The design depicts the Sculpture Complex (Che Guevara Mausoleum) dedicated to Commander Ernesto 'Che 'Guevara (b.1928-1967) in Santa Clara which replaced the previous design of the University of Havana. Che Guevara was born Argentinian and is famous around the world. He was the president of the National Bank of Cuba from 1959 to 1961 and then the Minister of Industries from 1961 to 1965. In 1967, he joined the Bolivia National liberation Army fighting against the Bolivia government. He was then wounded and captured on 08.10.1967 in the jungle near La Higuera in Bolivia and executed by the Bolivian army (Bolivian angers) the next day. He was shot by the Bolivian Army warrant Officer Sergeant Mario Teran Salazar (b.1942-2022). It was reported the order for the execution of Che Guevara came from the CIA. In all, Salazar fired a total of 9 shots at Che Guevara, first hitting his arms and legs and then his chest that finally killed him. It appears that Che Guevara was made to suffer first by the executioner before his execution. 

The Che Guevara Mausoleum was built and completed in 1988. The mausoleum housed the remains of Che Guevara and 29 fellow combatants all killed in 1967 during Guevara's armed uprising in Bolivia. The mausoleum has a 22-foot statue of Guevara standing on a concrete pillar. Guevara's remains were discovered and exhumed and returned to Cuba and was buried in the mausoleum in 1997 with full military honors. 

The note on the back is only printed with a mono colour. The commemorative logo is also printed on the bottom left corner, and because the back is printed in mono colour, it is not easy to spot this unless you have a closer look. This note is still printed with white borders on all sides, one of the very few countries still printing banknotes in such a manner. 

It should be noted that Fildel Alejandro Castro Ruz (b.1926-2016) and his revolutionary force captured Havana that led to the overthrow of Fugencio Batista y Zaldivar's government on 01.01.1959. On 02.01.1959, Castro appointed Guevara as the commander of the La Cabana Fortress prison and he was in charge with the purging of Batista's army or anyone that were considered as the enemies of the revolution. In doing so, Guevara ordered the executions of those he considered as traitors, informants or committed war criminals. 

The reason I added some of the stories above is that every banknote tells a thousand words. Every banknote designed has a meaning to it and whilst not all agree or disagree to it, only the opinions of the locals matter, and even that, there are still no right or wrong answers but just opinions. Please note that I am either pro or anti any countries or any individuals here.

 

It was reported back in December 2025 that the Central Bank is in the process to authorise foreign banknotes as legal tender currencies in Cuba. In reality, foreign banknotes have been openly acceptable as payment by private businesses for quite a while now and often get change in pesos. The most common foreign currencies used in Cuba are the USD, Euro and Canadian dollar. The exchange rates offered by those private businesses are always better than the official exchanges.   

...Mexico - 2024-2025 Full Set Banco de Mexico 100th Years Commemorative 1925-2025

Estados Unidos Mexicanos

(United Mexican States)

Banco de Mexico (est.1925)
(Bank of Mexico)
Currency : Peso (MXN) 

Below is a full set of five notes issued between 2024 and 2025 commemorating the central bank's 100th Anniversary 1925 to 2025.

Banco de Mexico (Bank of Mexico) was established on 1st of September 1925 with its current head office located in the capital city of Mexico. Only five notes have been issued for this commemorative series as the 20 pesos note is not included. The designs for all five notes are the same as all current series in circulation but with commemorative text/logo printed (as above) to celebrate this special occasion. Like the current series, both the 50 and 00 pesos are printed on polymer substrate materials.

Whilst I have posted a full set of five notes, in reality, a complete set consists of 25 notes as in Mexico each denomination issued comes with 5 signature varieties. All banknotes are signed with the bank governor and counters signed by one board member of the central bank and all the five board member's signatures are not the same. This is one of the reasons that collecting Mexico banknotes in full sets is very difficult especially for those not residing in the country. Whilst some dealers may stock them in full sets with all five signature varieties for the lower note denominations, it is hard and expensive to get the 500 and 1000 pesos notes in full sets, and for this reason, I have decided just to have one denomination each. Sadly to say, the signatures on all of my five notes are not the same. It would be better if they were, as it would look nicer. 

Fifty Pesos (Polymer)

Front - Image of the foundation of Tenochtitlan, which is now the capital city of Mexico, Mexico city. This is a historical site and was reported as being first founded in 1325. Underneath is the image of an eagle standing on a cactus plant.

Signatures - Victoria Rodriguez Ceja and Isabel Morales Pasantes

Date - Ciudad de México, 27 Jun. 2024

Sizes - 65mm x 147.5mm 

Back - scene of an axolotl swimming in Xochimilco lake. This is one weird looking creature and can be found in several lakes in Mexico. 

One Hundred Pesos (Polymer)

Front - Juana Inés de la Cruz (b.1648-1695). Her birth name was Dona Ines de Asbaje y Ramirez de Santillana. During her lifetime, she was a nun, a writer, poet and a musician composer too. Image of Patio of the "Antiguo Colegio" San Ildefonso. This building is now used as a museum and cultural center in Mexico City. Originally it was established in 1588 as a Jesuit boarding school. This was dissolved in 1978 and turned it into a museum.  

Signatures - Jonathan Heath Constable and Isabel Morales Pasantes

Date - Ciudad de México, 27 Jun. 2024

Sizes - 65mm x 132mm 

Back - rain forest with Monarch butterflies flying around persuasively from the Monarch Butterfly Biosphere Reserve. This is a UNESCO World Heritage Site and is located in the Trans-Mexican Volcanic Belt pine-oak forests ecoregion in central Mexico.

Two Hundred Pesos (Paper)

Front - Campana de Dolores (Bell of Dolores) which was used to call upon the population and start the independence movement in Dolores Hidalgo, 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 Hidalgo and José María Teclo Morelos Pérez y Pavón (1765-1815) who assumed the leadership of the independent movement after the death of Hidalgo;

Signatures - Galia Borja Gomez and Isabel Morales Pasantes

Date - Ciudad de México, 27 Jun. 2024

Watermarks - Bell and electrotype 200

Sizes - 139.5mm x 65mm 

Back - Royal eagle, Biosphere of El Pinacate (desert) and Gran Desierto de Altar in Sonora UNESCO World Heritage site. 

Five Hundred Pesos (Paper)

Front - Portrait of Benito Pablo Juarez Garcia (b.1806-1872) was the 26th president of Mexico. He was appointed to the post from 1858 until his death in 1872. To his left is the sScene of Brnito Jusrez entering Mexico City.

Signatures - Victoria Rodriguez Ceja and Isabel Morales Pasantes

Date - Ciudad de México, 27 Jun. 2024 

Watermarks - Benito Juarez and electrotype 500

Sizes - 146mm x 65mm 

Back - The main design depicts the view of El Vizcaino Biosphere Reserve with a whale swimming with her calf. The Reserve was created in 1988 and is located in Mulege Municipality in northern Baja California Sur (peninsula).

 

One Thousand Pesos (Paper)

Front - Portraits of Maria del Carmen Serdan Alatriste (b.1875-1948, was a Mexican revolutionary), Hermila Galinda Acosta (b.1886-1954, was a Mexican ferminist and writer) and Francisco Ignacio Madero Gnzalez (b.1873-1913, was a Mexican businessman, revolutionary, writer, politician and statesman and was the 37th president of Mexico from 1911 to 1913). A steam locomotive is printed in the background on the left next to the portrait of Carmen Serdan, 

Signatures - Jonathan Heath Constable and Isabel Morales Pasantes

Watermarks - Portrait of Francisco Ignacio Madero and electrotype 1000

Date - Ciudad de México, 12 Mar. 2025

Sizes - 153mm x 65mm 

Back - The main design on the back depicts a jaguar presumably hunting in the jungle. To the right is the ruins of the Mayan temple Calakmul.