Mexican peso

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, $50, $100, $200, $500
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

The Mexican peso (sign: $; code: MXN) is the currency of Mexico. Modern peso and dollar currencies have a common origin in the 15th–19th century-Spanish dollar, most continuing to use its sign, "$".^[1] The Mexican peso is the 8th 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.^[2]

The current ISO 4217 code for the peso is 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 euro and $18.1081 per U.S. dollar.^[3]

Etymology

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 pound sterling.

Other Languages

Afrikaans: Meksikaanse peso

العربية: بيزو مكسيكي

azərbaycanca: Meksika pesosu

Bân-lâm-gú: Be̍k-se-ko peso

беларуская: Мексіканскі песа

български: Мексиканско песо

català: Peso mexicà

čeština: Mexické peso

Deutsch: Mexikanischer Peso

español: Peso mexicano

Esperanto: Meksika peso