Design and use of new banknotes

Although digital currency may be making headlines these days, it is worth noting that physical currency – banknotes and coins – is also witnessing technological developments in many countries with the aim of often emphasizing messages that contribute to learning unique stories about cultures or environments. tire.
Take, for example, the recently redesigned Mexican 100 peso banknote. Not a single portrait of the strict early founders or magnificent monuments will be found on this colorful banknote, but rather images of migratory butterflies, a gentle forest ecosystem, and a pioneering 17th-century poet.
A few years ago, the Central Bank of Mexico decided to reimagine the patterns of its colorful banknotes along with its coins. The bank wanted the design to be innovative and more reflective of Mexico’s cultural and natural heritage. and to symbolize more comprehensive stories about the country using the latest technologies. In November 2020, the vibrant red and yellow vertical 100 peso banknote debuted as part of a newly created series of banknotes and last year it was named “World’s Best Banknote” by the International Banknote Association, for the first time . in the history of Mexico. According to a statement issued by the association, “the award winning by Mexico could serve as a model for other countries as they reconsider how to design new banknotes and encourage their use.”
The 100 peso banknote is Mexico’s first polymer banknote with a vertical design and features that prevent counterfeiting and facilitate use, including: First, ink that gradually changes color from gold to green as the banknote moves. Second, a transparent area with exceptional safety features and iridescent metallic paint. Third, the design is revealed by the fluorescent dye under ultraviolet rays. Fourth, prominent paint.
The front of the Mexican 100 peso banknote honors Sor Juana Ines de la Cruz, one of the most important and pioneering writers in Latin America (1648–1695), a prolific poet, playwright, and philosopher who wrote in Spanish, Latin, and nahuatl. Sor Juana “Motra Juana”. Known for defending the Enlightenment thought and indigenous culture, she is sometimes cited as the pioneer of Mexican literature and is the most important poet and writer of modern Spanish literature, according to the Central Bank of Mexico.
Alejandro Allegri, director of coin issuance at the bank, says the image of Sor Juana appears on the coin because she is an “educated and strong-willed woman who fought against the norms prevailing in her time and prevented women from winning culture and freedom of thought to become the greatest figure in the Hispanic American literature of the century. ” 17 “. Her image has previously appeared on the Mexican 200 peso banknote.
Also on display are the arches of the old Colonial College of San Ildefonso in the historic center of Mexico City. The 18th-century Baroque building, once a Jesuit college and now a museum, was the birthplace of the 20th-century country mural movement. Artists including José Clemente Orozco and Diego Rivera painted some of their own murals. front on the walls and courtyard of the building. Also on the Mexican 100 peso banknote is the image of a magnificent creature and one of the most interesting annual migrations in the world. Its image appears on the back of the banknote – millions of orange and black migratory butterflies, delicate, attractive and endangered insects , whose presence climatologists see as an indicator of a healthy climate and are valued in Mexican music, poetry and folklore for bringing good luck or for symbolizing dead souls. Allegri of the Central Bank of Mexico notes that the monarch butterfly has “important symbolism for Mexicans, as it is attributed to important spiritual and cultural values.”
Monarch butterflies fly thousands of miles from the northern United States and parts of Canada to hibernate in spruce in central Mexico, 9,000 feet above sea level. According to the World Wildlife Foundation WXE, this region is the largest colony of monarchs in the world and the long journeys of these butterflies are “the most advanced migration of known species” in the world. According to the foundation, the number of monarchs is witnessing a sharp decline due to their deforestation and conversion to agricultural land, in addition to increasing pesticide use in their breeding areas in the United States and eradicating milk, the only food for royal caterpillars. With growing interest in biodiversity, the powerful but small monarch butterfly that adorns Mexican banknotes is a powerful reminder of the importance of a thriving environment. As Partha Dasgweta, an economist at Cambridge University, puts it in a recent article in the Journal of Finance and Development, “The thriving natural environment backed by biodiversity wealth will be a safety net for us.” In other words, what works for butterflies is good for all of us.

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