Mexican Peso- Symbol: $| MXN
1. The official currency of Mexico is the Mexican Peso, and is abbreviated as MXN.
2. Peso is derived from the word "weights", which also means gold or silver weights.
3. However, peso was initially established in Spain, and later adopted by Mexico.
4. The first coins were materialised in 1863 as centavos, worth one-hundredth of the peso.
5. Also, in 1823, the first banknotes were issued by Emperor Agustin de Iturbide in denominations of 1, 2 and 10 pesos.
6. As per the most traded currency globally, MXN ranks 15th. It is also the most traded currency from Latin America.
7. The available banknotes right now in circulation are in denominations of 20, 50, 100, 200 and 500 pesos.
What is the interbank exchange rate for the Mexican Peso ?
1 GBP = 25.735100 MXN
Last update date : 07-12-2024 15:35:44
Last updated on 07-12-2024 15:35:44
The below table shows the exchange rate and inverse exchange rate
Last updated on 07-12-2024 15:35:44
Currency |
Exchange Rate |
Inverse Rate |
---|---|---|