Convert Mexican Peso to South Korean Won
Please provide values below to convert Mexican Peso [MXN] to South Korean Won [KRW], or Convert South Korean Won to Mexican Peso.
How to Convert Mexican Peso to South Korean Won
1 MXN = 0.0134851644530133 KRW
Example: convert 15 MXN to KRW:
15 MXN = 15 × 0.0134851644530133 KRW = 0.2022774667952 KRW
Mexican Peso to South Korean Won Conversion Table
| Mexican Peso | South 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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.