Convert Japanese Yen to Mexican Peso
Please provide values below to convert Japanese Yen [JPY] to Mexican Peso [MXN], or Convert Mexican Peso to Japanese Yen.
How to Convert Japanese Yen to Mexican Peso
1 JPY = 7.87543579236438 MXN
Example: convert 15 JPY to MXN:
15 JPY = 15 × 7.87543579236438 MXN = 118.131536885466 MXN
Japanese Yen to Mexican Peso Conversion Table
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Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies 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.