Convert Euro to Mexican Peso
Please provide values below to convert Euro [EUR] to Mexican Peso [MXN], or Convert Mexican Peso to Euro.
How to Convert Euro to Mexican Peso
1 EUR = 0.0457354029671426 MXN
Example: convert 15 EUR to MXN:
15 EUR = 15 × 0.0457354029671426 MXN = 0.686031044507139 MXN
Euro to Mexican Peso Conversion Table
| Euro | Mexican Peso |
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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.
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.