Convert Mexican Peso to United Arab Emirates Dirham
Please provide values below to convert Mexican Peso [MXN] to United Arab Emirates Dirham [AED], or Convert United Arab Emirates Dirham to Mexican Peso.
How to Convert Mexican Peso to United Arab Emirates Dirham
1 MXN = 5.07670524166099 AED
Example: convert 15 MXN to AED:
15 MXN = 15 × 5.07670524166099 AED = 76.1505786249149 AED
Mexican Peso to United Arab Emirates Dirham Conversion Table
| Mexican Peso | United Arab Emirates Dirham |
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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.
United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.