MXN

Mexican Peso

MXN is the official currency of Mexico. It's the most traded currency in Latin America and among the most traded in the world.

The Mexican peso is managed by the Bank of Mexico. Mexico uses CLABE numbers for domestic bank identification. The peso's value is influenced by oil prices, remittances, and trade with the United States.

Related Terms

USD

United States Dollar

USD is the official currency of the United States and its territories. It's the world's primary rese...

CLABE

Clave Bancaria Estandarizada

CLABE is an 18-digit standardized banking code used in Mexico for domestic electronic funds transfer...

BRL

Brazilian Real

BRL is the official currency of Brazil. It was introduced in 1994 as part of a plan to stabilize the...

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