New 20 Peso Coin

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Mexican Currency is called the Peso.

Coin

The new coin will be in circulation in 2020, following findings that the P20 banknote suffers the most wear and tear. A study by the University of the Philippines noted that it is the most used. Answer 1 of 14: Here are photos of the new 20 peso coin.wonder how long it will take to ever get one of those in change!! Or go to the bank to buy one?

New 20 Peso CoinNew 20 peso coin 2020

Below are the Mexican Peso notes currently in circulation. The 1000 Peso note is a rare find and may not be accepted at all outlets in Cancun. Guard your small change with your life! Nobody seems to have change and you are almost always asked for the odd peso or two to round up or down.

It almost seems to be a competition to see who can break down the larger notes and hoard the highest number of small notes – be a part of it – they will come in useful!

Dollar

The symbol for Mexican currency is the Dollar sign $. In Cancun both currencies are commonly used in the tourist areas. It’s important to realize therefore when it is being used to denote USD and when it is being used to signify Pesos.

In addition to the Peso notes below there are coins in denominations of 1, 2, 5, 10 and 20 pesos. The 20 peso coin is pretty rare.

One peso can be split into 100 centavos and these coins come in denominations of 10, 20 and 50 centavos.

Centavo coins are particularly useful for the bus in Cancun which costs 12 pesos. Use them while you can, there is not much other use for them, even kids don’t pick them up if they find them!

Mexican 20 Peso Coin Value

In addition to the Peso notes below there are coins in denominations of 1, 2, 5, 10 and 20 pesos. The 20 peso coin is pretty rare.

New 20 Peso Coin Mexico

One peso can be split into 100 centavos and these coins come in denominations of 10, 20 and 50 centavos.

New 20 Peso Coin 2020

Centavo coins are particularly useful for the bus in Cancun which costs 12 pesos. Use them while you can, there is not much other use for them.

New 20 Peso Coin

Even kids don’t pick them up if they find them on the street!