| Mexican peso |
|---|
| Peso Mexicano (Spanish) |
 $1000 banknote obverse |
| ISO 4217 |
|---|
| Code | MXN |
|---|
| Number | 484 |
|---|
| Exponent | 2 |
|---|
| Denominations |
|---|
| Subunit | |
|---|
| 1/100 | centavo |
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| Symbol | $ or Mex$ |
|---|
| centavo | ¢ |
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| Banknotes | |
|---|
| Freq. used | $20, $50, $100, $200, $500 |
|---|
| Rarely used | $1000 |
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| Coins | |
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| Freq. used | 10¢, 20¢, 50¢, $1, $2, $5, $10 |
|---|
| Rarely used | 5¢, $20 |
|---|
| Demographics |
|---|
| User(s) |  Mexico |
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| Issuance |
|---|
| Central bank | Bank of Mexico |
|---|
| Website | www.banxico.org.mx |
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| Printer | Bank of Mexico |
|---|
| Website | www.banxico.org.mx |
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| Mint | Casa de Moneda de México |
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| Website | www.cmm.gob.mx |
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| 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 originating from the Americas (after the United States dollar and Canadian dollar), and the most traded currency originating 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]
