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Mexican peso Peso Mexicano ( ) Spanish
$1000 banknote obverse
ISO 4217 Code MXN Number 484 Exponent 2 Denominations Subunit 1/100 centavo Symbol or Mex$ $ centavo ¢ Banknotes Freq. used , $20 , $100, $200, $500 $50 Rarely used $1000 Coins Freq. used 10¢, 20¢, 50¢, $1, $2, $5, $10 Rarely used 5¢, $20 Demographics User(s) Mexico Issuance Central bank Bank of Mexico Website www .banxico .org .mx Printer Bank of Mexico Website www .banxico .org .mx Mint Casa de Moneda de México Website www .cmm .gob .mx Valuation Inflation 6.16% (May 2017) Source Banco de Mexico, December 2008
Mexican peso ( : sign $; : code MXN) is the of currency . Modern Mexico and peso currencies have a common origin in the 15th–19th century- dollar , most continuing to use Spanish dollar . its sign, "$" The Mexican peso is the 8th most traded currency in the world, the third most traded currency from the  (after the Americas and United States dollar ), and the most traded currency from Canadian dollar . Latin America 
code for the peso is ISO 4217 MXN; prior to the 1993 revaluation (see below), the code MXP was used. The peso is subdivided into 100 centavos, represented by " ". As of April 5 2018, the peso's exchange rate was $22.2377 per ¢ and $18.1081 per euro . U.S. dollar 
The name was first used in reference to
pesos oro (gold weights) or pesos plata (silver weights). The Spanish word peso means "weight". Compare the British .