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Mexico revalued its currency in 1992-93 due to hyperinflation. "Nuevo pesos" (new pesos) were introduced at the rate of 1 nuevo peso = 1000 old pesos.
That means a coin dated before 1992 is worth only 1/1000 as many current pesos; i.e. an old 1000-peso coin is only 1 new peso. At current (2009) exchange rates 1 new peso is worth less than a U.S. dime.
Wiki User
∙ 14y ago
Wiki User
∙ 10y agoThe nuevo peso (new peso) was the result of hyperinflation in Mexico.
In 1993, Presidente Carlos Salinas de Gortari stripped three zeros
from the peso, creating a $1 New Peso for $1000 of the old ones.
Today $1 is equal to 12-13 pesos.
If your peso looks like the one at the related link below, then it is worth between $1 and $4, depending on the market and potential buyer.
Wiki User
∙ 13y agoOn average, one American dollar was valued at 310.28 Mexican pesos during 1985.
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What is a 1990 Banca D'Italia 1000 dollar worth?
about 75 cents
HOW MUCH is a 1990 banca d' italia 1000 dollar worth is us dollars?
When the switch was made to the Euro, 1000 lira (not dollars - it translates as pounds) was worth roughly 50 cents U.S.
How much is a 1990 silver one dollar coin worth?
The U.S. made no dollar coins in 1990.
How much is a ten dollar note from 1990 worth today?
a lot like 1,000 dollar
Do they still make a 50000 Mexican Peso note?
No, since re-valuation in 1992, the largest denomination Mexican Peso note is the 1,000 Peso. The 50,000 Peso note was last issued in Dec 1990 with an exchange value of 1:1000 with the new Peso (about $4). Mint condition 1990 notes are worth $45 to a collector. Used condition ones are worth about $6.
What is a 1990 twenty dollar bill with a star worth?
twenty dollars
How much is a 1990 20 Dollar bill worth?
In mint uncirculated condition, a 1990 $20 note is worth $30. In normal condition, it is worth exactly $20.
How much is a 1988 1000 peso worth?
about 80+ bux This is not correct. The MXN (Mexican pesos) printed after 1993 are currently worth about 8 cents to the American dollar, so a 1000 peso note would be worth about 80 dollars. A 1988 1000 peso note, the MXP, is worth 1000 times LESS than that. The MXP is obsolete, worthless to anyone but a collector of older bills. Sorry, but I did the research for myself, to save time. I have 38k in pesos, but they are all notes/coins printed before 1990, so the value of $3000 USD I thought I had went down to about $38 USD. Don't be disappointed when you get to the bank, $38 will fill your gas tank, at least.
How much value 50 1990?
If this is asking the value of a 1990 half dollar, it's worth 50 cents.
What is a series 1990 twenty dollar bill worth?
Ah, 20 dollars.
How much is a estados unidos mexicanos 1000 coin 1990 worth?
10cents
What is the 1990 NBA hoops Michael Jordan card worth 65?
dollar
