Convert Mexican Peso to Aruban Florin
Please provide values below to convert Mexican Peso [MXN] to Aruban Florin [AWG], or Convert Aruban Florin to Mexican Peso.
How to Convert Mexican Peso to Aruban Florin
1 MXN = 10.4157541899441 AWG
Example: convert 15 MXN to AWG:
15 MXN = 15 × 10.4157541899441 AWG = 156.236312849162 AWG
Mexican Peso to Aruban Florin Conversion Table
| Mexican Peso | Aruban Florin |
|---|
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.
Aruban Florin
The Aruban Florin (AWG) is the official currency of Aruba, used as a medium of exchange within the country.
History/Origin
The Aruban Florin was introduced in 1986, replacing the Netherlands Antillean Guilder at par, to establish a distinct national currency for Aruba.
Current Use
The AWG is widely used in Aruba for all daily transactions, banking, and trade, and is pegged to the US dollar at a fixed rate.