Overview

• The directive was published in the Official Gazette on Oct. 10, instructing institutions to stop redistributing the Family F 20-peso bill.
• The polymer note, first issued in 2007, is blue and features Benito Juárez on the front with Monte Albán on the back.
• The process is gradual with no fixed end date, so bills deposited at banks will be separated and destroyed, making them increasingly scarce in ATMs and change.
• The note remains legal tender for now and can still be used for payments until Banxico formally declares it out of circulation.
• The move is part of a shift to coins for low denominations and follows the 2021 rollout of Family G designs, while online marketplaces show steep asking prices for select 20-peso notes offered to collectors.