Convert Mexican Peso to Euro
Please provide values below to convert Mexican Peso [MXN] to Euro [EUR], or Convert Euro to Mexican Peso.
How to Convert Mexican Peso to Euro
1 MXN = 21.8648997302686 EUR
Example: convert 15 MXN to EUR:
15 MXN = 15 × 21.8648997302686 EUR = 327.973495954028 EUR
Mexican Peso to Euro Conversion Table
| Mexican Peso | Euro |
|---|
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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.