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Old 05-23-2011, 11:38 AM   #1
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Default 'un mil peso' note

my brother gave me a 1000 peso note that has a date on it of 1985. is this worth a 1000 pesos or is it a conversation piece due to monetary revaluing in the 90's.
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Old 05-24-2011, 05:52 PM   #2
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In 1993, the peso was devalued due to inflation. 1 New Peso became the equivalent of $1000 of the old ones. So, just a conversation piece or of value to collectors I'm afraid.

There is a current 1000 Peso note in circulation but they are fairly rare.
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Old 05-25-2011, 11:24 AM   #3
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Thanks Steve
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