Mexican peso
Southern neighbor's cash
The Mexican peso is the official currency of Mexico, abbreviated MXN and symbolized by $ or Mex$.
It circulates in coins and banknotes, with 100 centavos to the peso.
The peso is among the most traded currencies in Latin America: The Mexican peso weakened against the dollar after the announcement.
Sustained price level increase
- purchasing powerEconomic spending ability
- interest ratesPrice paid for borrowing
- monetary policyCentral bank economic controls
- GDPNational output abbreviation
trade balance · NAFTA · USMCA · maquiladoras · oil prices · foreign investment · central bank · fiscal policy
Currency trading market
- conversionAct of changing states
- exchange rateCurrency conversion value
- tradingExchanging for value
- remittancesPayments sent abroad
cross-border · floating rate · devaluation · appreciation · depreciation · parity · spread · liquidity
Paper currency notes
- coinsMetal money units
- centavosLatin American small coins
- denominationsNamed values or faiths
- cashReady spending funds
bills · circulation · legal tender · minting · issuance · serial number · counterfeit · numismatics
Relating to Spain's overseas territories
- pieces of eightOld Spanish coinage
- redenominationCurrency unit replacement
- nationalizationGovernment acquisition of industry
- oil boomPetroleum industry expansion period
inflation
Sustained price level increase
- purchasing powerEconomic spending ability
- interest ratesPrice paid for borrowing
- monetary policyCentral bank economic controls
GDP · trade balance · NAFTA · USMCA · maquiladoras · oil prices · foreign investment · central bank · fiscal policy · debt
forex
Currency trading market
- conversionAct of changing states
- exchange rateCurrency conversion value
- tradingExchanging for value
remittances · cross-border · floating rate · devaluation · appreciation · depreciation · parity · spread · liquidity · volatility
banknotes
Paper currency notes
- coinsMetal money units
- centavosLatin American small coins
- denominationsNamed values or faiths
bills · cash · circulation · legal tender · minting · issuance · serial number · counterfeit · numismatics · currency symbol
Spanish colonial
Relating to Spain's overseas territories
- pieces of eightOld Spanish coinage
- redenominationCurrency unit replacement
- nationalizationGovernment acquisition of industry
oil boom · debt crisis · floating · silver mining · Zacatecas
- currenciesdollar, pound, euro, yen, yuan
- Latin American currencysol, real, colon, quetzal, lempira
- pesoscentavo
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
- bulliongold bar, gold ingot, silver bar, gold coin, silver ingot
Mexican pesoUS dollar
American monetary unit
American dollar · Swiss franc · hard currency · reserve currency · Canadian dollar