USDMXN PROFILE
MXN is the currency abbreviation for the Mexican peso, which is the official currency of Mexico. The Mexican peso is made up of 100 centavos and is often presented with the symbol $ or Mex$. The name “peso” means “weights” and refers to gold or silver weights.
- MXN is the currency abbreviation for the Mexican peso, which is the official currency of Mexico.
- The peso was initially based on Spain’s official currency, known as real, which was the Spanish dollar and was minted in silver.
- The Mexican peso is the fifteenth most traded currency in the world and the most traded in Latin America.