Convert Mexican Peso to Indonesian Rupiah
Please provide values below to convert Mexican Peso [MXN] to Indonesian Rupiah [IDR], or Convert Indonesian Rupiah to Mexican Peso.
How to Convert Mexican Peso to Indonesian Rupiah
1 MXN = 0.00114466305776277 IDR
Example: convert 15 MXN to IDR:
15 MXN = 15 × 0.00114466305776277 IDR = 0.0171699458664416 IDR
Mexican Peso to Indonesian Rupiah Conversion Table
| Mexican Peso | Indonesian Rupiah |
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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.
Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.