The Mexican Peso is the official currency of Mexico. The ISO currency code is MXN and identified by the symbol $ or Mex$. It is subdivided into 100 centavos. The Peso is issued by the Bank of Mexico.
Currency Name: Mexican peso
Local Name: Peso mexicano (Spanish)
Nicknames: lana, varos, plata, bolas, lucas, feria, billete, pachocha, billullos, villancicos, villanos, del águila, morlacos, papiros, Marmaja.
User(s): Mexico
Currency Symbol/Sign: $ or Mex$
ISO code: MXN
Central bank: Bank of Mexico (Banco de Mexico)
Subunit: 1 peso = 100 centavo (¢)
Banknotes: 20, 50, 100 and 200 dirham
Coins: 5, 10, 20 & 50¢, 1, 2, 5 & 10, 20, 50, 100 Mex$.
Currency Peg:No
Black Market for Currency:Yes
Currency Volatility:unknown
Central Bank Rate
The current central bank interest rate is 4.50%.
| Country | Mexican Peso | Euro | |
|---|---|---|---|
| 1 MXN | = | 0.0487 € |
| 20.525489644007 MXN | = | 1 € | |
| 20 MXN | = | 0.9744 € | |
| 50 MXN | = | 2.436 € | |
| 100 MXN | = | 4.872 € | |
| 500 MXN | = | 24.36 € | |
| 1000 MXN | = | 48.7199 € |
| Date | EUR → MXN |
| 23.01.2026 | 20.525 |
| 22.01.2026 | 20.535 |
| 21.01.2026 | 20.443 |
| 20.01.2026 | 20.659 |
| 19.01.2026 | 20.472 |
| 16.01.2026 | 20.495 |
| 15.01.2026 | 20.509 |
The rates are set on the basis of the regular daily concertation procedure between national central banks, which normally takes place at 2.15 p.m. CET. The exchange rates are for reference only and are published daily when TARGET system is open.
All currencies are quoted against the euro (base currency) - The foreign exchange reference rates are published by the European Central Bank: 23-01-2026
ARS - Argentine Peso: 81.6896
AUD - Australian dollar: 0.0836
BGN - Bulgarian Lev: 0.096
BRL - Brazilian Real: 0.3021
CAD - Canadian Dollar: 0.0789
CHF - Swiss Franc: 0.0452
CNY - Chinese Yuan Renminbi: 0.3986
CZK - Czech Koruna: 1.1823
DKK - Danish Krone: 0.3639
DZD - Algerian Dinar: 7.4157
EGP - Egyptian Pound: 2.6949
EUR - Euro: 0.0487
GBP - British Pound Sterling: 0.0424
HKD - Hong Kong Dollar: 0.4457
HRK - Croatian Kuna: 0.3671
HUF - Hungarian Forint: 18.6369
IDR - Indonesian Rupiah: 962.0468
ILS - Israeli Shekel: 0.1795
INR - Indian Rupee: 5.2494
JPY - Japanese Yen: 9.0507
KRW - South Korean Won: 83.9539
MAD - Moroccan Dirham: 0.5244
MXN - Mexican Peso: 1
MYR - Malaysian Ringgit: 0.2288
NOK - Norwegian Krone: 0.5642
NZD - New Zealand Dollar: 0.0969
PHP - Philippine Peso: 3.3815
PLN - Polish Zloty: 0.2049
RON - Romanian New Leu: 0.2481
RUB - Russian Ruble: 4.3366
SAR - Saudi Arabian Riyal: 0.2143
SEK - Swedish Krona: 0.5164
SGD - Singapore Dollar: 0.0731
THB - Thai Baht: 1.7847
TND - Tunisian Dinar: 0.1642
TRY - Turkish Lira: 2.4787
USD - United States dollar: 0.0497
ZAR - South African Rand: 0.9249