Convert Azerbaijani Manat to Mexican Peso
Please provide values below to convert Azerbaijani Manat [AZN] to Mexican Peso [MXN], or Convert Mexican Peso to Azerbaijani Manat.
How to Convert Azerbaijani Manat to Mexican Peso
1 AZN = 0.0912079896160736 MXN
Example: convert 15 AZN to MXN:
15 AZN = 15 × 0.0912079896160736 MXN = 1.3681198442411 MXN
Azerbaijani Manat to Mexican Peso Conversion Table
| Azerbaijani Manat | Mexican Peso |
|---|
Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.