Convert Canadian Dollar to Mexican Peso
Please provide values below to convert Canadian Dollar [CAD] to Mexican Peso [MXN], or Convert Mexican Peso to Canadian Dollar.
How to Convert Canadian Dollar to Mexican Peso
1 CAD = 0.0730790272578067 MXN
Example: convert 15 CAD to MXN:
15 CAD = 15 × 0.0730790272578067 MXN = 1.0961854088671 MXN
Canadian Dollar to Mexican Peso Conversion Table
| Canadian Dollar | Mexican Peso |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.