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The Mexican 20-peso note is the smallest denomination of Mexican currency, but the most commonly used in Mexico, other than the 1,000-peso note that is normally only used for high-value transactions.

The Mexican 50-peso note is second-smallest denomination of Mexican currency. The obverse has the portrait of José María Morelos y Pavón, insurgent Mexican that struggled in the second phase of the Independence, also has the banner of Morelos and a butterfly of transparent colour.

The 2009 issue of the $100 Mexican peso banknote depicts Nezahualcoyotl, the 15th century ruler of Texcoco, on the front of the banknote. The reverse shows Tenochtitlan, the largest city in the pre-Columbian Americas.

Like older issues of the doscientos $200 pesos banknote, the woman featured on this note is Sor Juana Inés de la Cruz, born Juana Inés de Asbaje y Ramírez de Santillana. The Series F 200 MXN bill is smaller than older versions and it has a prominent foil security strip on the front. Sor Juana was a 17th Century nun, scholar, poet and philosopher who was variously known as The Tenth Muse, the Mexican Phoenix and The Phoenix of America.

This quinientos $500 pesos Mexican banknote honours two of Mexico’s most famous artists, the painters Diego Rivera and Frida Kahlo. Rivera was famous for his murals, whilst Kahlo during her lifetime was known more for being married to Rivera than for her own art. However, since her death, her work has eclipsed that of Rivera, giving rise to a movement, in the 1990s, coined Fridamania, where she became an icon for political activists, feminists and the LGBTQ movement.

The highest value banknote of Mexico is the $1000 Pesos bill. The violet and pink coloured banknote features Miguel Hidalgo, priest and leader of the Mexican War of independence. Hidalgo rang the bell of his church in the town of Dolores and gave the call to arms. This event, which took place on 16 September 1810, was later called the ‘Cry of Dolores’. The $1000 pesos bill features both the church in Dolores as the so-called ‘Dolores Bell’. The back side of the note shows the building of the University of Guanajuato.