Convert Mexican Peso to Egyptian Pound
Please provide values below to convert Mexican Peso [MXN] to Egyptian Pound [EGP], or Convert Egyptian Pound to Mexican Peso.
How to Convert Mexican Peso to Egyptian Pound
1 MXN = 0.379923217371458 EGP
Example: convert 15 MXN to EGP:
15 MXN = 15 × 0.379923217371458 EGP = 5.69884826057188 EGP
Mexican Peso to Egyptian Pound Conversion Table
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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.
Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.