68.4 F
Mérida
Sunday, December 5, 2021
###

It’s official: Benito Juarez is the face of Mexico’s new 500-peso bill

Latest headlines

After kicking off the ‘Mayan ball game’ World Cup in Mérida, Belize takes the trophy

Mérida has kicked off an international Pok ta Pok tournament, also known as the "Mayan ball game" World Cup. 

We got a robot artist to paint Yucatán, here are the results

One could be forgiven for brushing off AI art as a fad, but sometimes these technologies deliver some very interesting results.

Festivities celebrating the Virgin of Guadalupe to be scaled back once again

For the second year in a row, Yucatan's Catholic archdiocese is urging its faithful to not assist to large events commemorating the day of the Virgin of Guadalupe on Dec. 12. 

New York artist finds an unlikely muse in rural Yucatán

Lohin's artistic subject matter ranges from portraits to landscapes and renderings of her favorite model — a donkey named Camila.
Yucatán Magazine
Sign up to get our top headlines delivered to your inbox twice a week.

The Bank of Mexico unveiled its new 500-peso note, featuring Benito Juarez. Photo: Banxico


Benito Juarez, a beloved heroic figure who was Mexico’s president in the 19th century, is now on two denominations of the country’s currency.

Already on the 20-peso note, Juarez’s portrait was unveiled on a new 500-peso design today.

The new note, which replaces images of Frida Kahlo and Diego Rivera, is the beginning of a wholesale refurbishing of Mexico’s paper money. The designs are meant to reflect the country’s historical identity and natural heritage while increasing safeguards against counterfeiting.

Work on the redesign began in 2013 the Banxico governing board instructed the General Directorate of Issuance to gradually replace the six denominations of bills currently circulating. So Juarez’s double-appearance in Mexico’s currency won’t likely last long.

The 500-peso bill was changed first because it’s the most widely circulated. It’s worth about US$26.

Since Sept. 1, 1925, when the then president, Plutarco Elías Calles, formed Banco de México, this institution has regulated the issuance and circulation of bank notes in the country.

Benito Juárez is one of Mexico’s most important figures of the 19th century.

A Zapotec from Oaxaca, Juárez was born into a peasant family in 1806. By 1831, Juárez was a lawyer and an active liberal politician at the city and state level. In 1846, Juárez went to Congress and supported a wave of liberal reforms designed to bolster Mexico’s efforts in the U.S.-Mexican War.

He became Mexico’s president in 1857 and defended his nation against the French-backed monarchists under Emperor Maximillian I.

Considered one of the great men in Mexican history, Juarez died in office from a heart attack in 1872.

- Advertisement -

Subscriptions make great gifts

More articles

International TlaquepArte handicrafts show returns to Mérida

Expo TlaquepArte returns to Mérida on Friday. Photo: Courtesy With the 200 exhibitors from 16 countries, the 113th...

A big win for Yucatán, the newest member of the World Tourism Organization

A campaign to further boost the state’s economy has paid off. Yucatán has been granted membership in the elite World Tourism Organization.

New petition seeks intangible cultural heritage status for Mayan language

“The importance of the language can be observed from the perspective of its psycho-emotional value or potential", says Cocom Bolio. “Language also creates a sense of identity and belonging; and, at the same time, a tradition or way of life.”

Yucatán’s congress declares high-speed Internet access a human right

Yucatán’s congress has passed a bill making Internet access a human right. 

Wonders of the land: Organic food production in Yucatán

Organic food production is a somewhat newer trend in agricultural ventures, as it promotes a friendlier environmental process, and is overall said to be healthier for consumers. 

US ambassador joins governors of Mexico’s southeast for bilateral summit in Mérida

The US ambassador to Mexico, Ken Salazar, joined the governors of Mexico's southeastern states for an official bilateral summit in Mérida.

Villa Navidad to benefit a trio of charities for the holidays

Villa Navidad is a weekend-long holiday event Dec. 4-5 to collect donations for three local charities.

2 Cuban migrants die in shipwreck off Yucatán coast

Unofficial reports claim that Mexican authorities helped 19 people to disembark the badly damaged ship.

Angels: What makes Adele Aguirre’s new art exhibit at SoHo Galleries so moving

Adele Aguirre's "Angels" exhibit at SoHo Galleries responds to a personal crisis, but will be cathartic to everyone suffering loss. ...

Frustrated animal rights activists blockade Mérida shelter

The protestors set up camp outside of the facility and took to laying on mats and pieces of cardboard to demonstrate their commitment to settling the issue without violence.