Variations of Peso United Mexican States

The Peso is the official currency of Mexico, and throughout its history, there have been various variations in its design, composition, and denomination. Here are some notable variations of the Peso in the United Mexican States:

Pre-Columbian and Colonial Periods: Before the arrival of the Spanish conquistadors, various indigenous civilizations in Mexico used different forms of currency, including cocoa beans, cotton cloth, and even pieces of gold or silver. During the colonial period, Spain introduced the silver real as the official currency, which continued to be used even after Mexico gained independence in 1821.

Early Republic: After gaining independence, Mexico continued to use the real as its currency for a short period. In 1822, Mexico began minting its own coins, including silver reales and gold escudos. The design of these coins typically featured the Mexican coat of arms and various symbols of national identity.

Decimalization: In 1863, Mexico adopted the decimal system, and the Peso became the official currency, replacing the real. The first Peso coins featured the Mexican coat of arms on the obverse and various designs on the reverse, including portraits of prominent figures, national symbols, and historical events.

Revolutionary Period: During the Mexican Revolution (1910-1920), various factions minted their own coins to finance their military campaigns. These coins often featured revolutionary leaders, slogans, and symbols of the revolution.

Modern Peso: In 1993, Mexico introduced the "Nuevo Peso" (New Peso), which replaced the previous Peso at a rate of 1,000 old Pesos to 1 Nuevo Peso. The design of the Nuevo Peso coins was updated to include modern security features and updated imagery, including the Mexican coat of arms, national symbols, and famous landmarks.

Commemorative and Collectible Coins: Over the years, Mexico has issued numerous commemorative and collectible coins, featuring special designs to honor historical events, cultural heritage, and influential figures in Mexican history. These coins often have limited mintages and are sought after by collectors both within Mexico and internationally.