Banco de Mexico has begun circulating their newly designed 200-peso note that replaces a famous female philosopher with revolutionary heroes.
A likeness of Sor Juana Inés de la Cruz, 17th-century nun, self-taught scholar and acclaimed writer of the colonial period, is being replaced with independence heroes Miguel Costilla y Hidalgo and José María Morelos on one side and patriotic images on the other.
However, Sor Juana will not disappear from Mexican currency – she will be featured on the new 100-peso bills, which will be issued after the new 1,000-peso note is introduced in 2020.
Alejandro Alegre Rabiela, a director at the Banco de Mexico, the decision to replace the country’s 500-peso and 200-peso notes first was made because they are the most widely circulated and most counterfeited bills. The new bills be harder to counterfeit.
All denominations of the new bank notes will circulate along with the old bills and will be gradually withdrawn from circulation as they deteriorate and are retrieved by the banking system.