Course EUR(Euro)-MXN(Mexican Peso) for today

Quotes EUR/MXN for today .

Chart Euro Mexican Peso

Online Cross Course EUR MXN

Euro

The central bank in Europe is called the European Central Bank (ECB). Currently, 17 EU member states have adopted the Euro. It is the second-most traded currency on the forex market, after the US Dollar, and also a major global reserve currency. Other common names for the Euro include Yoyo (Irish English), Leru (Spanish), and Ege (Finnish).

  • Central bank: The European Central Bank
  • The euro is used by over 320 million Europeans and 17 nations in the eurozone (euro area).
  • Over 175 million people use currencies pegged to the euro, such as the Danish krona (DKK) and West African CFA franc (XOF).
  • Eurozone economies vary widely. Germany is the largest economy, and a leading world exporter. Other economies (Ireland, Greece) endure sovereign debt and severe government austerity measures.

Mexican Peso

As one of the oldest currencies in North America, the original Mexican Peso followed the design of the Spanish silver dollar and eight-piece. It was an official legal tender in both USA (until 1857) and Canada (until 1854). The Peso was the descendant of the original eight pieces that the Spanish government had issued in Mexico, which Mexico continued to use as currency after independence. Originally a stable and safe currency, it helped inspire the design of the American Dollar, which was released at par with the Mexican Peso. In 1993, after several years of inflation and devaluation, the Bank of Mexico changed its monetary policies and introduced a new currency called the Nuevo Peso (New Peso). The value changed with 1,000 old Pesos becoming one Nuevo Peso. In 1996, the term 'Nuevo' was dropped, and it is now simply referred to as the Mexican Peso (MXN).

  • Central bank: Bank of Mexico
  • The peso (also called “dinero”) was a stable currency until Mexico defaulted on its external debt in 1982. Years of inflation, devaluation, and recession followed.
  • In 1993, Mexico introduced the nuevo peso (“new peso”), equal to 1,000 obsolete MXP pesos. “Nuevo” was later dropped from the name.
  • Mexico has free trade agreements with over 50 countries. It exports manufactured goods, oil, oil products, silver, fruits, vegetables, coffee, and cotton.

Start trading

Risk disclaimer "Market Solutions Ltd – Suite 305 Griffith Corporate Centre P.O. Box 1510 Beachmont, Kingstown, St Vincent and the Grenadines is a financial services institution outside the European Union Area, which is subject to the supervision of the IFMRRC Certificate 0395 AA V0128 Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. 70% of trading deals can be unprofitable. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. This Website may contain information in particular regarding financial services and products that could be regarded b a E.U. supervisory authority as an offer of financial services targeted in Europe. ESMA intervention measures do not apply to customers of Market solutions Ltd and it is your responsibility to choose a company which is most suitable for your trading needs. By clicking continue you confirm that you have read, understood and agree to the risk disclosures, terms of service, cash policies, privacy policies and this notice and that you are visiting this website on your own initiative, without any encouragement whatsoever from Umarkets.com or Market Solutions limited." Cookies notification: “We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we assume that you are happy with it. Continue
×

Help with deposit?