INFORMATION ABOUT MEXICAN PESO
We show the updated today’s value/price of Mexican peso (MXN).You can get the exchange from Mexican peso to another currency by introducing the value or amount of Mexican peso (MXN) in the box and clicking the convert button. This way you can get the Mexican peso’s price in relation to other currencies.
INTRODUCTION TO THE MEXICAN PESO
The New Mexican peso is the official currency of Mexico since 1993 replacing the peso of 1980. Three zeros were removed respect of thereto. It is the eighth most-traded currency in the world, the most-traded in Latin America and the third most-traded in the whole America and consulted in its exchange rate in the currency market because of its use by a multitude of institutions. It is used by approximately 118 million four hundred and sixty thousand people. You can check the today value of the Mexican peso and check its price.
The Banco de México is the Central Bank of Mexico created in 1925. It is the monetary authority and moneylender of a last resort. It is autonomous exercising their functions and its principal function is to achieve the stability of the purchase power of the national currency.
Countries that used the currency: Mexico
Name: MEXICAN PESO
Bills: $ 20, $ 50, $ 100, $ 200, $ 500, $ 1,000
Coins: cento = 1/100 of 1$. 5 ¢, 10 ¢, 20 ¢, 50 ¢. $ 1, $ 2, $ 5, $ 10, $ 20, $ 50, $ 100
Issuing Agent: Banco de México Web: http://www.banxico.org.mx/