Mexican Peso Sign
About Mexican Peso Sign
Mex$ is the "Mexican Peso Sign", the symbolic representation of Mexico's official currency—the Mexican Peso. The currency code for the Mexican Peso is MXN.
The Mexican Peso is the legal tender of the United Mexican States. The Mex$ symbol uses the prefix "Mex" to distinguish it from the US Dollar, reflecting Mexico's pioneering role in minting silver dollar coins in the Americas.
【Historical Origin】The Peso traces back to Spanish colonial silver coins and is one of the oldest circulating currencies worldwide. To avoid confusion with other dollar-denominated currencies, the distinct Mex$ symbol was adopted as the standard Mexican Peso sign. Its international code MXN was established after the 1993 "Nuevo Peso" revaluation that removed three zeros.
【Modern Status】The Mexican Peso (MXN) is the most traded Latin American currency and ranks among the top emerging market currencies globally. Its exchange rate is closely linked to the US economy, trade agreements, and remittance flows. Currently, 1 Peso equals 100 Centavos.
How to Type Mexican Peso Sign
Windows Input
Method 1: Type letters Mex then hold Shift + 4 for $
Method 2: Use an input method to type peso or mxn and select Mex$
Mac Input
Method 1: Press Control + Command + Space to open the Emoji panel, search "peso"
Method 2: Use an input method to type peso or mxn and select Mex$
HTML Input
Use entity name or number: Mex$ or Mex$
CSS Input
Use backslash escape in pseudo-elements: content: "\004D\0065\0078\0024"; or content: "Mex$";
Mexican Peso Sign FAQ
What is the difference between Mex$ and the US Dollar sign $?
The Mex$ sign adds the prefix "Mex" before the dollar sign to clearly distinguish the Mexican Peso from the US Dollar. While both currencies share the "$" symbol historically derived from Spanish pesos, the Mexican Peso sign ensures clarity in international financial contexts and currency pair quoting.
Should the Peso symbol be placed before or after the number?
The Mexican Peso symbol Mex$ is typically placed before the number, such as Mex$100, following the standard convention used throughout Mexico. Domestically, a plain "$" sign may be used, while formal international documents often use "100 MXN".
How many Centavos are there in one Mexican Peso?
1 Mexican Peso equals 100 Centavos. Centavo is the subunit of the Peso, with coin denominations including 5, 10, 20, and 50 Centavos. Due to their low value, smaller Centavo coins are becoming less commonly seen in daily cash transactions.
What factors influence the Peso's exchange rate?
The Mexican Peso exchange rate is heavily influenced by US monetary policy, NAFTA/USMCA trade flows, foreign remittances, and global oil prices. As one of the most liquid emerging market currencies, the Peso is also sensitive to shifts in global risk appetite and geopolitical events.
What is MXN?
MXN is the international currency code for the Mexican Peso, where MX stands for Mexico, and N stands for Nuevo (New). Following the 1993 currency revaluation that replaced the old MXP code, MXN became the global standard for Mexico's official currency, representing the most significant currency in Latin America.