Does Mexico use bills and coins?

Yes, Mexico uses both bills and coins as currency. The currency of Mexico is the Mexican peso ($), which is made up of 100 centavos. Coins are available in denominations of 1, 2, 5, 10, 20, and 50 centavos, as well as 1, 2, 5, 10, 20, and 50 pesos. Banknotes come in denominations of 20, 50, 100, 200, 500, and 1,000 pesos.