Mexico underwent monetary reform in 1992, with one new peso equal to 1,000 old pesos. This new two peso coin is denominated as "N$ 2" (N for "new").
All coin images in Daniel's Coin Zoo are from my personal collection. I collect, research, and personally photograph every coin displayed on this site. PLEASE do not take my images without permission. If you would like to use any coin image you see, just ask me. Thank you.