Currency.Wiki

1 Mexican Peso to Euro

Updated 1 minute ago
Convert 1 MXN:EUR
 MXN =
    EUR
 Mexican Peso =  Euros
Trending: MX$ exchange rates for the last 24 hours
  • MXN/USD 0.058564 0.00029004
  • MXN/EUR 0.054695 0.00105338
  • MXN/JPY 9.104061 0.46877322
  • MXN/GBP 0.046991 0.00114255
  • MXN/CHF 0.053569 0.00324624
  • MXN/INR 4.880582 0.03700624
  • MXN/BRL 0.301439 0.01495995
  • MXN/CNY 0.424400 0.01080213

MXN/EUR exchange rate analysis over the past 90 days

Mexican Peso to Euro exchange rate: Over the last 90 days, the Mexican Peso strengthened by 1.93% against the Euro, moving from €0.0536 to €0.0547 per Mexican Peso. This trend reflects the evolving economic dynamics between the Mexico and the European Union. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Mexico and European Union.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Mexico and European Union.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Mexico or European Union.
  • Global Influences: Broader economic or geopolitical events that can impact both the Mexico and the European Union.

The foreign exchange market operates continuously, with currency values being affected by a myriad of global economic, political, and financial events.

mxn/eur Historical Chart

MX$
Mexican Peso Currency

Country: Mexico

Symbol: MX$

ISO Code: MXN

Bank: Bank of Mexico

Interesting fact about Mexican Peso

The Mexican Peso (MXN) is the official currency of Mexico. It has a rich history dating back to the colonial era. The peso has played a significant role in Mexico's economy, serving as a symbol of national identity and reflecting the country's economic ups and downs. Today, it is widely accepted and used for daily transactions and international trade.

Euro Currency

Country: European Union

Symbol:

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro (EUR) is the official currency of the European Union (EU). It was introduced in 1999 as an electronic currency and became physical in 2002. The Euro is used by 19 of the 27 EU member states, promoting economic integration, trade, and stability within the Eurozone. It is an important symbol of European unity and facilitates cross-border transactions, making it a key currency globally.

Quick Conversion Guide

Frequently Asked Questions

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The Mexican Peso to Euro exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 MXN to EUR is €0.05.
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Yes, our site provides historical charts that show the trends and fluctuations in the Mexican Peso to Euro exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.