Convert Mexican Peso to North Korean Won
Please provide values below to convert Mexican Peso [MXN] to North Korean Won [KPW], or Convert North Korean Won to Mexican Peso.
How to Convert Mexican Peso to North Korean Won
1 MXN = 0.0207157777777778 KPW
Example: convert 15 MXN to KPW:
15 MXN = 15 × 0.0207157777777778 KPW = 0.310736666666667 KPW
Mexican Peso to North Korean Won Conversion Table
| Mexican Peso | North Korean Won |
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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.
North Korean Won
The North Korean Won (KPW) is the official currency of North Korea, used for everyday transactions within the country.
History/Origin
The North Korean Won was first introduced in 1947, replacing the Korean won used during the Japanese occupation, and has undergone several redenominations and reforms since then.
Current Use
Today, the KPW is primarily used domestically in North Korea, with limited acceptance outside the country; it is subject to strict government control and currency regulations.