Mexican peso

peso
Country:	Mexico
Subdivision:	100 centavos
ISO 4217 code :	MXN
Abbreviation:	$, Mex $
Exchange rate : (August 27, 2020)	1  EUR  = 25.921 MXN 100 MXN = 3.858 EUR 1  CHF  = 24.112 MXN 100 MXN = 4.1473 CHF

Exchange rate of the euro to the Mexican peso since 2008

The Mexican peso is the currency of Mexico . It is divided into 100 Centavos, the currency code according to ISO 4217 has been MXN since 1992 . The previously valid peso with the code MXP was exchanged at a ratio of 1000: 1. There are banknotes in denominations of 10, 20, 50, 100, 200, 500 and 1000 Pesos and coins of 5, 10, 20 and 50 Centavos and 1, 2, 5, 10, 20, 50 and 100 Pesos. The coins of 5 and 10 (increasingly also 20) centavos are no longer used in everyday life and prices are rounded to 50 centavos. The coins of 20, 50 and 100 pesos and the banknotes of 10 pesos are also rarely found.

Cash

Mexican currency in the 19th century

8 real coin, Mexico year 1884 with eagle

8 real coin, reverse side with freedom cap

As a large coin, 8 real silver coins (peso) were minted, which were divided into 100 centavos. 16 reales were worth a scudo (coin) . In the 19th century, the peso was the equivalent of the European thaler . Mexican pesos in particular made up a large part of the money in circulation in the United States until the mid-19th century, where they were considered dollars .

Cash currently in circulation

Coins

In the case of the peso coins minted between 1992 and 1995, the value was given in Nuevos Pesos ("new pesos") or N $ , in 1996 the value was shortened to pesos or $ . There are two different series of coins of 10, 20 and 50 centavos in circulation. Coins with a face value of less than 50 centavos or over 10 pesos are rarely found in everyday life.

Face value	Material (ring core) ${\displaystyle \longleftrightarrow }$		diameter	Dimensions	front		back
5 centavos	stainless steel		15.5 mm	1.58 g	National coat of arms		Valuation, stylized sunbeams of the quincunces ring of the stone of the sun
10 centavos	stainless steel		17 mm	2.08 g	National coat of arms		Indication of value, stylized ornament of the sacrificial ring of the stone of the sun
			14 mm	1.76 g
20 centavos	Aluminum bronze		19.5 mm	3.04 g	National coat of arms		Indication of value, stylization of the Ácatl from the stone of the sun
	stainless steel		15.3 mm	2.26 g
50 centavos	Aluminum bronze		22 mm	4.39 g	National coat of arms		Indication of value, stylization of the ring of acceptance from the stone of the sun
	stainless steel		17 mm	3.1 g
N $ 1	stainless steel	Aluminum bronze	21 mm	3.95 g	National coat of arms		Indication of value, stylization of the ring of shine from the stone of the sun
$ 1
N $ 2	stainless steel	Aluminum bronze	23 mm	5.19 g	National coat of arms		Indication of value, stylization of the ring of the gods from the stone of the sun
$ 2
N $ 5	stainless steel	Aluminum bronze	25.5 mm	7.07 g	National coat of arms		Indication of value, stylization of the ring of snakes from the stone of the sun
$ 5
							Valuation, Bicentenario de la Independencia , Portraits of Heroes of the War of Independence (19 issues)
							Valuation, Centenario de la Revolución , Portraits of Heroes of the Revolution (18 issues)
N $ 10	Aluminum bronze	silver	28 mm	11.18 g	National coat of arms		Value, representation of the Tonatiuh from the stone of the sun
$ 10		stainless steel		10.33 g
							Value, representation of the Tonatiuh from the stone of the sun, year AÑO 2000 or AÑO 2001
							Portrait of Ignacio Zaragoza before a fight scene
N $ 20	Aluminum bronze	silver	32 mm	17 g	National coat of arms		various designs as commemorative editions
$ 20		stainless steel		15.95 g

Banknotes

Regular

Since 2006, new banknotes (type F) have been gradually introduced; there are notes in 20, 50, 100, 200, 500 and 1000 Pesos. The banknotes are each 6.6 cm high, the width of the 20 peso note starts at 12 cm and increases by 7 mm with each denomination. The banknotes are protected from copying by the EURion constellation .

Face value	colour	Dimensions	description		Portrait
			front	back	front	back
20 pesos	blue	12.0 x 6.6 cm	Benito Juarez	Pyramids of Monte Albán
50 pesos	pink	12.7 x 6.6 cm	José María Morelos	Morelia Aqueduct
100 pesos	red	13.4 x 6.6 cm	Nezahualcóyotl	Tenochtitlan
200 pesos	green	14.1 x 6.6 cm	Juana Inés de la Cruz	Hacienda Panoaya in Amecameca
500 pesos	brown	14.8 x 6.6 cm	Diego Rivera	Frida Kahlo
1000 pesos	violet	15.5 x 6.6 cm	Miguel Hidalgo	Universidad de Guanajuato

Special

Face value	colour	Dimensions	description		Portrait
			front	back	front	back
100 pesos	red	13.4 x 6.6 cm	steam train	Group of soldiers
			Venustiano Carranza and Luis Manuel Rojas	Mexican MPs in Querétaro
200 pesos	green	14.1 x 6.6 cm	Miguel Hidalgo	El Ángel de la Independencia - "The Angel of Independence"

Mexican accounting unit

The Mexican accounting unit (span. Unidad de inversión, ISO 4217 : MXV) is also used to settle loans, bonds and certain long-term government expenditures . It is a type of currency that only exists as book money and was introduced in April 1995, equating it with the peso when it was issued. Since then, an inverse inflation adjustment has taken place, resulting in high long-term stability.

See also

• Tequila crisis

Web links

Commons : Money of Mexico  - Collection of Pictures, Videos and Audio Files

• Mexican Paper Money Description of the Mexican banknotes issued by the Bank of Mexico from 1925 to the present day (English, French).
• Bank of Mexico
• The banknotes of Mexico

Individual evidence

1. ^ The history of coins and banknotes in Mexico (PDF) Banco de México. December 2015.