Mexico now has a new local community currency.

Here is a link to an article (in Spanish) about a new local community currency that is being put into circulation;

https://businessinsider.mx/en-estado-de-mexico-un-nuevo-billete-permite-a-los-mas-pobres-a-sobrellevar-la-crisis-por-coronavirus/ .

This is more reason why a Community & Complementary Currencies note catalogue is needed.

Aidan.

Jajalpeso? Is that an abbrevation for "Jaja, el peso"?

No idea, as I can't read Spanish very well.

Santa Maria Jalalpa is located in the State of Mexico.

http://mriguide.com/mexico-local-currency/ .

Aidan.

Santa María Jajalpa is the name of the town, so they made a new word: Jajal - peso.

It's like a emergency issue, since it's used locally only. As per the article it's more like bonds, it's valued same as the Mexican peso, but only valid in a few stores.

Daniel,
Quite a few countries in Latin America now have their own local currencies - including, not surprisingly, Venezuela, which is now the Zimbabwe of South America.

Have a read here; http://mriguide.com/venezuela-16/ & here; https://www.reuters.com/article/us-venezuela-economy/venezuelan-community-group-launches-currency-to-combat-cash-shortage-idUSKBN1E92RG .

Elorza in Apure State had its own private notes for 50,000 & 100,000 Bolivares in 2018, but they were not accepted by local merchants who were subjected to a 5% discount when these notes were redeemed.

Venezuela's hyperinflation has led to changes in its currency from Bolivars in 2008 to Bolivares Fuerte (Strong Bolivars), then to Bolivares Soberanos (Sovereign Bolivars) in 2018.

Aidan.