Convert Mexican Peso to Swiss Franc
Please provide values below to convert Mexican Peso [MXN] to Swiss Franc [CHF], or Convert Swiss Franc to Mexican Peso.
How to Convert Mexican Peso to Swiss Franc
1 MXN = 23.4547741854321 CHF
Example: convert 15 MXN to CHF:
15 MXN = 15 × 23.4547741854321 CHF = 351.821612781482 CHF
Mexican Peso to Swiss Franc Conversion Table
Mexican Peso | Swiss Franc |
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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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.