Question: how much is a 1000 pesos coin 1989 worth?
Answer: So, what was worth $1,000 pesos in 1989, and actually through the end of 1992, became worth a single peso in 1993. Today's exchange rate between the peso and the U.S. dollar is about 18.5 pesos to the dollar. So, $1,000 old pesos is worth $1 new peso is worth about one U.S. nickle.