Convert Swiss Franc to Mexican Peso
Please provide values below to convert Swiss Franc [CHF] to Mexican Peso [MXN], or Convert Mexican Peso to Swiss Franc.
How to Convert Swiss Franc to Mexican Peso
1 CHF = 0.0426352431319123 MXN
Example: convert 15 CHF to MXN:
15 CHF = 15 × 0.0426352431319123 MXN = 0.639528646978685 MXN
Swiss Franc to Mexican Peso Conversion Table
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
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.