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The 500 Mexican pesos banknote issued on June 27, 2024 belongs to Mexico's current monetary series. It represents one of the most significant denominations in circulation in the country and is issued by the Banco de México, the central institution responsible for national monetary policy.
This banknote pays tribute to Benito Pablo Juárez, a major figure in Mexican history. Born in 1806 in the state of Oaxaca, Juárez was a lawyer, statesman, and president of the Mexican Republic on several occasions between 1858 and 1872. He is notably recognized for leading the Mexican resistance against the French intervention and the empire of Maximilian I, as well as for enacting the Reform Laws, which established the separation of Church and State in Mexico. He remains one of the most iconic and respected figures in the country's history.
The banknote features the technical characteristics specific to modern denominations issued by the Banco de México, incorporating advanced security elements designed to prevent counterfeiting, such as special inks, watermarks, and security threads.
The issue date of June 27, 2024 marks the official introduction of this banknote as part of Mexico's regular policy of renewing circulating denominations. The face value of 500 pesos makes it a commonly used banknote in commercial transactions of intermediate to high amounts within Mexican territory.
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