Convert British Pound Sterling to Mexican Peso
Please provide values below to convert British Pound Sterling [GBP] to Mexican Peso [MXN], or Convert Mexican Peso to British Pound Sterling.
How to Convert British Pound Sterling to Mexican Peso
1 GBP = 0.0397013548449384 MXN
Example: convert 15 GBP to MXN:
15 GBP = 15 × 0.0397013548449384 MXN = 0.595520322674076 MXN
British Pound Sterling to Mexican Peso Conversion Table
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
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.