Convert Mexican Peso to Ugandan Shilling
Please provide values below to convert Mexican Peso [MXN] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Mexican Peso.
How to Convert Mexican Peso to Ugandan Shilling
1 MXN = 0.00522792927038642 UGX
Example: convert 15 MXN to UGX:
15 MXN = 15 × 0.00522792927038642 UGX = 0.0784189390557963 UGX
Mexican Peso to Ugandan Shilling Conversion Table
| Mexican Peso | Ugandan Shilling |
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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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.