New Mexican Peso Coins Coming in 2026

Mexico — The Casa de Moneda de México (CMM) will modernize the production of national circulation coins. According to the Institutional Program 2025-2030, starting next year, the transition to new one, two, and five peso coins will begin. Official information indicates that this change will allow the pieces to be produced at a lower cost and under sustainability criteria, as the new material reduces environmental impact and facilitates manufacturing processes.

The measure will be carried out in coordination with the Bank of Mexico (Banxico), while the federal government promotes policies aimed at digitizing the economy and reducing the use of cash. However, coins will continue to circulate normally and retain their nominal value, so citizens can use them without modifications in their daily transactions.

How Will the New Coins Be and When Will the Change Occur?

The Casa de Moneda de México (CMM) is advancing in the modernization of national circulation coins. According to the Institutional Program 2025-2030, the current core of the 1, 2, and 5 peso pieces—made of bronze-aluminum—will be replaced by steel coated with bronze, using a technique known as electrodeposition or electroplating.

This change will allow a significant reduction in production costs, estimated between 300 and 400 million pesos in the coming years. The measure will be applied starting in 2025 and will be carried out in coordination with the Bank of Mexico (Banxico).

Despite the federal push to promote digital payments and decrease cash use, coins will remain fundamental for daily transactions. It is anticipated that Banxico will request the minting of more than 3,000 million pieces annually to meet demand across the country.

Electronic Money Will Not Replace Cash

According to the Institutional Program 2025-2030, the CMM foresees that operations conducted by electronic means will triple by 2030 globally, with an estimated growth of 61% and exceeding 3 trillion transactions. This change responds to the interaction between the financial system, companies, authorities, and consumers, in an environment where digitalization is gaining increasing strength.

However, the organization emphasized that physical money will continue to play a key role, especially in developing economies, where limitations in technological infrastructure and banking access persist. Therefore, the federal government and the Bank of Mexico maintain coin production to ensure their availability in retail payments.