Back Meksikaanse peso Afrikaans Мексиканыҥ песо ALT بيزو مكسيكي Arabic بيزو مكسيكى ARZ Meksika pesosu Azerbaijani Piso kan Mehiko BCL Мексіканскі песа Byelorussian Мексиканско песо Bulgarian মেক্সিকান পেসো BPY Peso mexicà Catalan
| Peso Mexicano (Spanish) | |
|---|---|
| ISO 4217 | |
| Code | MXN (numeric: 484) |
| Subunit | 0.01 |
| Unit | |
| Symbol | $ or Mex$[1] |
| Denominations | |
| Subunit | |
| 1⁄100 | centavo |
| Symbol | |
| centavo | ¢ |
| Banknotes | |
| Freq. used | $20, $50, $100, $200, $500 |
| Rarely used | $1,000 |
| Coins | |
| Freq. used | $1, $2, $5, $10, $20 |
| Rarely used | 5¢, 10¢, 20¢, 50¢, $50, $100 (all of them no longer minted, still legal tender) |
| Demographics | |
| User(s) |  Mexico |
| Issuance | |
| Central bank | Bank of Mexico |
| Website | www |
| Printer | Bank of Mexico |
| Website | www |
| Mint | Casa de Moneda de México |
| Website | www |
| Valuation | |
| Inflation | 4.88% (2024) |
| Source | Banco de Mexico |
Mexican peso crisis in 1994 was an unpegging and devaluation of the peso and happened the same year NAFTA was ratified.[2]
The Mexican peso (symbol: $; code: MXN) is the currency of Mexico. Modern peso and dollar currencies have a common origin in the 16th–19th century Spanish dollar, most continuing to use its sign, "$".[3]
The current ISO 4217 code for the peso is MXN; prior to the 1993 revaluation, the code MXP was used. The peso is subdivided into 100 centavos, represented by "¢". The Mexican peso is the 16th most traded currency in the world, the third most traded currency from the Americas (after the United States dollar and Canadian dollar), and the most traded currency from Latin America.[4] As of 16 April 2024[update], the peso's exchange rate was $18.11 per euro, $17.03 per U.S. dollar, and $12.26 per Canadian dollar.[5]
- ^ "World Bank Editorial Style Guide 2020 - page 137" (PDF). openknowledge.worldbank.org. Archived (PDF) from the original on 2022-08-02. Retrieved 2022-08-22.
- ^ "Distinguishing NAFTA from the Peso Crisis - The Southwest Economy, Issue 5, 1996" (PDF). Dallasfed.org. Archived (PDF) from the original on 16 July 2022. Retrieved 29 July 2022.
- ^ Corporation, Bonnier (1 February 1930). Popular Science. Bonnier Corporation. Retrieved 16 October 2017 – via Internet Archive.
- ^ "Triennial Central Bank Survey Foreign exchange turnover in April 2013 : preliminary global results : Monetary and Economic Department" (PDF). Bis.org. September 2013. Archived (PDF) from the original on 6 November 2021. Retrieved 16 October 2017.
- ^ "MXN - Mexican Peso rates, news, and tools". Xe.com. Archived from the original on 12 August 2016. Retrieved 21 January 2023.
© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search