Convert Mexican Peso to Rwandan Franc
Please provide values below to convert Mexican Peso [MXN] to Rwandan Franc [RWF], or Convert Rwandan Franc to Mexican Peso.
How to Convert Mexican Peso to Rwandan Franc
1 MXN = 0.0128814172004733 RWF
Example: convert 15 MXN to RWF:
15 MXN = 15 × 0.0128814172004733 RWF = 0.1932212580071 RWF
Mexican Peso to Rwandan Franc Conversion Table
| Mexican Peso | Rwandan Franc |
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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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.