Convert Mexican Peso to Ethiopian Birr
Please provide values below to convert Mexican Peso [MXN] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Mexican Peso.
How to Convert Mexican Peso to Ethiopian Birr
1 MXN = 0.136450395646281 ETB
Example: convert 15 MXN to ETB:
15 MXN = 15 × 0.136450395646281 ETB = 2.04675593469421 ETB
Mexican Peso to Ethiopian Birr Conversion Table
| Mexican Peso | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.