Convert Mexican Peso to Algerian Dinar
Please provide values below to convert Mexican Peso [MXN] to Algerian Dinar [DZD], or Convert Algerian Dinar to Mexican Peso.
How to Convert Mexican Peso to Algerian Dinar
1 MXN = 0.143415930197406 DZD
Example: convert 15 MXN to DZD:
15 MXN = 15 × 0.143415930197406 DZD = 2.1512389529611 DZD
Mexican Peso to Algerian Dinar Conversion Table
| Mexican Peso | Algerian Dinar |
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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.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.