Convert Mexican Peso to Liberian Dollar
Please provide values below to convert Mexican Peso [MXN] to Liberian Dollar [LRD], or Convert Liberian Dollar to Mexican Peso.
How to Convert Mexican Peso to Liberian Dollar
1 MXN = 0.0929960425730159 LRD
Example: convert 15 MXN to LRD:
15 MXN = 15 × 0.0929960425730159 LRD = 1.39494063859524 LRD
Mexican Peso to Liberian Dollar Conversion Table
| Mexican Peso | Liberian Dollar |
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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.
Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.