Convert Mexican Peso to Uruguayan Peso
Please provide values below to convert Mexican Peso [MXN] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Mexican Peso.
How to Convert Mexican Peso to Uruguayan Peso
1 MXN = 0.462636383713111 UYU
Example: convert 15 MXN to UYU:
15 MXN = 15 × 0.462636383713111 UYU = 6.93954575569667 UYU
Mexican Peso to Uruguayan Peso Conversion Table
| Mexican Peso | Uruguayan Peso |
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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.
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.