Mexico has the most beautiful banknote in the world, according to the INBF

The new 100 peso banknote was recognized as the most beautiful banknote in the world in 2020, five months after the Bank of Mexico (Banxico) announced that it has already received recognition from the International Bank Note Society (IBNS).

Mexico has the most beautiful banknote in the world, according to the INBF
The most beautiful banknote in the world. Image: Twitter

Five months after the new 100 peso banknote was recognized as the most beautiful banknote in the world in 2020, the Bank of Mexico (Banxico) announced that it has already received the recognition from the International Bank Note Society (IBNS). "The successful design of Mexico in a red commemorating Hispanic architecture, a famous literary figure and a tribute to the world's fragile ecosystem. The 100 peso bill is a little narrower than a 2 Euro note and a little shorter than a dollar note," explained IBNS.

The recognition was received by the General Director of Issuance, Alejandro Alegre, together with his team at the banknote printing works. The banknote began circulating in November 2020 to gradually replace the paper banknote featuring Nezahualcóyotl, after being in circulation for 10 years. It was in April of this year, that IBNS reported that it selected Banxico to receive the prestigious annual "Bank Note of the Year" award, noting that, with more than 100 new banknotes launched worldwide during 2020, only 24 were considered sufficiently new in design to be nominated members.

"The vertical format banknote is printed in polymer and features one of Mexico's greatest heroines, writers and poets, Sor Juana Inés de la Cruz. The image on the back of the piece shows a temperate forest ecosystem that is known worldwide as the Monarch Butterfly Biosphere Reserve. The design continues to highlight Mexico's historical and cultural characteristics with new graphic motifs," which is considered a UNESCO World Heritage Site, added the INBS.