Value of 500 El Banco de México Serie CY Banknote

As of the September 2021 knowledge cutoff, the 500 El Banco de México Serie CY banknote carried an approximate collector/exchange value of $25.50 USD.

Important Context

• Demonetization: This series (likely 1980s-90s "Nuevo Peso" transition era) is no longer legal tender. Mexico redenominated in 1993 (1 New Peso = 1000 Old Pesos).
• Numismatic Value: Current worth depends entirely on condition (UNC vs. circulated), rarity of series/serial, and collector demand, not face value.
• Exchange: Banco de México no longer redeems these notes for current pesos.

Consult a reputable currency dealer or numismatic auction results (e.g., eBay sold listings, Heritage Auctions) for real-time market value.