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The Mexico 1 Peso Banknote is part of the 1937-1950 Third issues, Series JV. It is black, green and red in color with a distinctively bigger dimension of 157 x 67 mm. This banknote has no security thread, has no watermark and got demonetized in 1984. The front side of the banknote bears the Aztec calendar in Spanish text. Meanwhile, the back side shows the bank seal, the angel atop the MONUMENTO A LA INDEPENDENCIA (Independence Monument in Mexico City) and the bank guilloche.