Convert Mexican Peso to New Taiwan Dollar
Please provide values below to convert Mexican Peso [MXN] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Mexican Peso.
How to Convert Mexican Peso to New Taiwan Dollar
1 MXN = 0.634912310573812 TWD
Example: convert 15 MXN to TWD:
15 MXN = 15 × 0.634912310573812 TWD = 9.52368465860719 TWD
Mexican Peso to New Taiwan Dollar Conversion Table
| Mexican Peso | New Taiwan Dollar |
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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.
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.