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Currency & Exchange

Currency of Mexico: Mexican Peso

Mexico CityLocal time

Mexican Peso · MXN · National

Mexican Peso
ISO MXN · MEXICO
MX$
MX$
Mexican Peso
ISO codeMXN
SymbolMX$
Monetary authorityBank of Mexico
MXN
ISO 4217 code
Currency identifier
1
Currencies with an official role
National
MX$
Currency symbol
Use the ISO code when a symbol is ambiguous
Time-sensitive
Exchange-rate context
Check the rate date and source
CurrencyMexican Peso
ISO codeMXN
Largest noteMX$1,000
Largest coinMX$20
Current note seriesFamily G and current commemorative issues

Who Issues Mexican Peso in Mexico

The Mexican Peso (MXN) is the unit of Mexico's domestically run monetary system. Beyond the three-letter code, it is shown with symbol MX$ and carries ISO 4217 numeric identifier 484.

On a Mexican Peso conversion involving Mexico, Bank of Mexico manages the monetary framework for the Mexican Peso in Mexico. MXN is therefore a nationally administered currency rather than an externally issued unit. That framing makes the reference observation clearly bounded.

Currency architectureNational
Primary currencyMexican Peso (MXN)
Monetary authorityBank of Mexico

Exchange Rate for MXN

For the Mexican Peso (MXN), the useful benchmark is a dated MXN observation with its currency pair stated explicitly. The resulting transaction amount can differ once a provider adds its margin or charges. The presentation keeps the reference point clear.

Latest available reference rate*Loading...
Checking USD/MXN
Latest official/reference observation where supported. Source and date are shown after loading; this is not a trading quote.
=

For readers comparing MXN, hold the pair and timestamp constant when judging changes in the reference rate. The resulting transaction amount can differ once a provider adds its margin or charges. The wording keeps the reference value properly qualified.

Banknotes and Coins

Banknotes

Banco de México's current-manufacture page lists MX$20, MX$50, MX$100, MX$200, MX$500 and MX$1,000 banknotes, with the MX$20 currently represented by the bicentennial commemorative Family G issue.

MX$20
MX$50
MX$100
MX$200
MX$500
MX$1,000

Coins

Current manufactured coins are 5, 10, 20 and 50 centavos, plus MX$1, MX$2, MX$5, MX$10 and MX$20.

5¢
10¢
20¢
50¢
MX$1
MX$2
MX$5
MX$10
MX$20

Frequently Asked Questions

What currency is used in Mexico?

When an MXN rate is shown, the Mexican Peso (MXN) is the national currency, with Bank of Mexico responsible for the domestic monetary framework. This approach leaves the observation easy to date.

Who manages the currency system in Mexico?

Bank of Mexico is the main monetary authority identified for Mexico.

Are the exchange rates for Mexico real-time?

For a dated MXN observation, the converter uses the latest available reference observation for a supported pair and displays its observation date. The figure is informational and can differ from a bank, card or cash-counter quote. That framing makes the comparison internally consistent.

Data note: Figures marked with * are sourced from external institutions or data providers and may change after publication. Exchange rates, payment statistics and other time-sensitive figures are provided for general reference and may not reflect current market, bank, card-network or transaction rates. DigifyWorld aims to use reliable sources and keep information current, but cannot guarantee that all data is complete, real-time or 100% accurate. Check the cited source or relevant monetary authority when making financial decisions.

More about Mexico

Explore Mexico across the other DigifyWorld country-data sections.

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Sources & methodology

The institutional description for Mexico is grounded in Bank of Mexico and the relevant monetary arrangement. The MXN code follows ISO 4217. Structural exchange-regime facts are not mixed with a dated reference-rate observation. The presentation keeps the reference value properly qualified.

View sources used for this page
Exchange-rate note: the MXN converter for Mexico requests a supported reference-rate source and displays the observation date. If no supported observation is available, the converter shows that a reference rate is unavailable instead of estimating one.