English, asked by sunitagupta54637, 8 months ago

I need a hundred "pesos".
Pesos is the currency of
1.Spain
2. Latin America
3. India
A letter to god

Answers

Answered by satyam78137
5

Answer:

LATIN AMERICAN CURRENCY IS THE ANSWER

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Answered by syed2020ashaels
0

Answer: correct option is 1 that is Spain

Explanation:

This Mexican currency originates in the 20th century, with the establishment of the Bank of Mexico on September 1, 1925, which obtained the exclusive authority to issue money by minting metal coins and printing banknotes. This institution also regulated money circulation, interest rates, and exchange rates.

The Bank of Mexico was born at a time when it was necessary to reactivate credit in the country and introduce the use of banknotes in people's daily lives. For this reason, the financial unit was empowered to function as a regular credit banking institution in addition to the responsibilities of the issuing bank.

Between 1929 and 1930, the banknote was finally established as the main means of payment in the country.

The first banknotes issued by the Bank of Mexico were printed by the American Bank Note Company of New York (ABNC) in a size of 180 x 83 mm. This first series (1925-1934) consisted of banknotes in denominations of 5, 10, 20, 50, 100, 500, and 1,000 pesos.

In general, the banknotes printed by ABNC are designed by employees of this company according to customer requirements. This means that, in the case of Mexican banknotes, the Bank of Mexico has determined which features and persons it wishes to depict in each denomination, and ABNC has designed the engravings, or the Bank has selected engravings directly from the company's archives.

The latest family of banknotes, known as Series F or Type F, introduced changes in the security features, colors, and sizes of the banknotes compared to the previous series. Each of them has a different size and color; they all measure 66mm in width but vary in length. The lowest denomination note (20 pesos) is the smallest, measuring 120 mm in length, and the highest denomination note (1,000 pesos) is the longest, 155 mm long. From each denomination to the next (20, 50, 100, 200, 500, and 1000) there is a difference in length of 7 mm.

In terms of material, the 20 and 50-peso bills are printed in polymer, while the rest of the bills are printed on cotton paper.

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