14 cents
Yes, you can exchange old two peso and five peso bills at a bank or financial institution in your country. They may need to verify the authenticity of the bills before exchanging them, so it's best to check with the specific institution beforehand.
Your 5000 peso bill is worth only .50 cents. Mexico re-valued their currency in 1994. All bills prior to then are no longer in circulation. the 5000 old peso bill is now comparable to the 50 new peso note.-Joshh
Well, 100 (Mexican) peso bill would be worth... 100 Mexican pesos (which is the currency they use in Mexico!) assuming it was after 1993, if the bill was before 1993 it would be worth 1/10th of a Mexican peso (since the New Peso was introduced in 1993 which 1 new peso is equal to 1000 old pesos)
The main differences between the old 20 peso bill and the new 20 peso bill are the design and security features. The old bill featured the image of Benito Juárez, while the new bill features Miguel Hidalgo y Costilla. Additionally, the new bill includes updated security features to prevent counterfeiting.
If it's a Mexican "Nuevo" Peso. On 3/11/2012 it's worth $80.87. $1.00 US dollar is worth $12.6835 pesos. If it's one of the OLD Peso currency, it has no monetary value. May have some collection value.
Due to inflation the Mexican peso became almost worthless. Small purchases were costing hundreds of peso. Instead of making 1000 peso coins and printing million peso bills, the new peso was introduced with a value of 1000 old peso.
Rampant inflation increased prices so much that the peso's value fell to a fraction of a U.S. cent. To help stabilize the economy and reduce the number of zeros in prices, Mexico introduced a nuevo peso (new peso) in 1993. Old pesos were exchanged at the rate of 1000 old pesos = 1 new peso, effectively lopping 3 zeros off all prices.Rampant inflation increased prices so much that the peso's value fell to a fraction of a U.S. cent. To help stabilize the economy and reduce the number of zeros in prices, Mexico introduced a nuevo peso (new peso) in 1993. Old pesos were exchanged at the rate of 1000 old pesos = 1 new peso, effectively lopping 3 zeros off all prices.
To control inflation, during 1992-93 Mexico replaced its peso with a "nuevo peso" (new peso) at the rate of 1000-1. Thus your old bill is only worth 2 new pesos or about 20 cents.
Consult an expert in collectible banknotes; you'll find them in telephone directories and on the internet.
One peso, or 0.092694 dollars. The Mexican peso has been revalued since 1967 so it's difficult to say what the coin's purchasing power would be in current dollars. For example, in the 1980s the peso's value fell to a few thousandths of a U.S. dollar so existing coins and bills were withdrawn and replaced with "neuvo pesos" or new pesos at an exchange rate of 1000 old pesos to 1 nuevo peso. In any case a circulated peso from that time is not worth more than a small amount as a collector's item, perhaps less than a quarter.
I am assuming it is a 10 peso coin (shown as $10; "$" means "peso" on Mexican coins). If it's from circulation its value is quite low. Mexico's currency was devalued by inflation in the 1980s and the country replaced its money in 1993 at the rate of 1000 old pesos to 1 new peso. 10 old pesos would convert to 1/100 of a new peso, or much less than one U.S. cent at current exchange rates.
Most often "Peso" refers to Mexican currency. However Mexico is not the only country that uses pesos. Some other countries that use pesos are: Argentina, Chile, Cuba, and Uruguay. Ask another question and include the following information: date, country of origin, and the denomination. For example "What is the value of a 1978 Mexican peso" or "What is the value of a 1978 Cuban peso". If your coins is from a different country or denomination just include the correct information.