Convert Mexican Peso to Bulgarian Lev
Please provide values below to convert Mexican Peso [MXN] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Mexican Peso.
How to Convert Mexican Peso to Bulgarian Lev
1 MXN = 11.1802590549292 BGN
Example: convert 15 MXN to BGN:
15 MXN = 15 × 11.1802590549292 BGN = 167.703885823939 BGN
Mexican Peso to Bulgarian Lev Conversion Table
| Mexican Peso | Bulgarian Lev |
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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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.