Convert Mexican Peso to Colombian Peso
Please provide values below to convert Mexican Peso [MXN] to Colombian Peso [COP], or Convert Colombian Peso to Mexican Peso.
How to Convert Mexican Peso to Colombian Peso
1 MXN = 0.00462471729597933 COP
Example: convert 15 MXN to COP:
15 MXN = 15 × 0.00462471729597933 COP = 0.0693707594396899 COP
Mexican Peso to Colombian Peso Conversion Table
| Mexican Peso | Colombian Peso |
|---|
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.
Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.