Symbol : $
Country : Mexico
The Mexican peso is the currency of Mexico. Our records show the Mexican peso is the sixth most traded currency with us. The banknotes have both a paper banknote and polymer (plastic) banknote series in circulation. The Banco de Mexico is responsible for issuing the Mexican banknotes.
The Banco de Mexico’s goal is to preserve the value of the Mexican peso in an effort to improve the economic well-being of Mexicans. Mexico replaced the original peso with the nuevo peso, which was introduced in 1993. Many banknotes current and old series notes can look similar, so never accept notes with “El Banco de Mexico” written on it, only accept “Banco de Mexico” notes. The word pesos means “weights” in English and refers to gold or silver weights.10 Mile Cab Ride: $26.71 USD
Budget Dinner for 2: $10.47 USD
Pint of Beer: $1.38 USD
Did You Know?
These items cost the USD equivalent in the city of Cancún, Mexico*:
*Figures are based on 2018 data. Information is subject to change as exchange rates and cost of goods fluctuate.