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Mexican peso

ISO 4217 CodeMXN (formerly MXP)
Official userMexico
Inflation4.83% (Bank of Mexico, Feb. 2010 est.)
Symbol$ or Mex$
Coins and Banknotes
Freq. used coins10¢,20¢,50¢, $1, $2, $5, $10
Rarely used coins5¢, $20, $50, $100
Freq. used banknotes$20, $50, $100, $200, $500
Rarely used banknotes$1000
Central bankBank of Mexico
PrinterBank of Mexico
MintCasa de Moneda de México

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The peso (sign: $; code: MXN) is the currency of Mexico. Modern peso and dollar currencies have a common origin in the 15th � 19th century Spanish dollar, most continuing to use its sign, "$". The Mexican peso is the 12th most traded currency in the world, the third most traded in the Americas, and by far the most traded currency in Latin America. The current ISO 4217 code for the peso is MXN; prior to the 1993 revaluation (see below), the code MXP was used. The peso is subdivided into 100 centavos, represented by "¢". The name was originally used in reference to pesos oro (gold weights) or pesos plata (silver weights). The literal English translation of the Spanish word peso is weight. As of April 5, 2011, the peso's exchange rate was 16.81 per Euro and 11.82 per U.S. dollar.

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