Convert Mexican Peso to Bahamian Dollar
Please provide values below to convert Mexican Peso [MXN] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Mexican Peso.
How to Convert Mexican Peso to Bahamian Dollar
1 MXN = 18.6442 BSD
Example: convert 15 MXN to BSD:
15 MXN = 15 × 18.6442 BSD = 279.663 BSD
Mexican Peso to Bahamian Dollar Conversion Table
| Mexican Peso | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.