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Mexican Peso

The Mexican peso (MXN) is the official currency of Mexico, and is currently the 8th most traded currency on the entire planet. In the late 1700’s and early 1800’s, the Mexican peso was regularly used in the United States, due to the fact that federal money in the United States wasn’t tendered until 1792. The first pesos go all the way back to the Spanish conquistadores, when Spain issued its own currency for use in the new world. The current incarnation of the peso was created in 1993, when the Bank of Mexico replaced the old MXP pesos.

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