Convert Mexican Peso to Barbadian Dollar
Please provide values below to convert Mexican Peso [MXN] to Barbadian Dollar [BBD], or Convert Barbadian Dollar to Mexican Peso.
How to Convert Mexican Peso to Barbadian Dollar
1 MXN = 9.3221 BBD
Example: convert 15 MXN to BBD:
15 MXN = 15 × 9.3221 BBD = 139.8315 BBD
Mexican Peso to Barbadian Dollar Conversion Table
| Mexican Peso | Barbadian Dollar |
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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.
Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.