Mexican Peso

Mexican Peso

The Mexican peso (sign: $; code: MXN) is the currency of Mexico. Modern peso and dollar currencies have a common origin in the 15th–19th century-Spanish dollar, most continuing to use its sign, "$". The Mexican peso is the 11th most traded currency in the world, the third most traded currency from America (after the United States dollar and Canadian dollar), and the most traded currency from Latin America.The current ISO 4217 code for the peso is MXN; prior to the 1993 revaluation (see below), the code MXP was used. The peso is subdivided into 100 centavos, represented by "¢". As of 3 September 2018, the peso's exchange rate was $22.21 per euro and $19.14 per U.S. dollar.

New Zealand Dollar

New Zealand Dollar

The New Zealand dollar (sign: $; code: NZD, also abbreviated NZ$) (Māori: Tāra o Aotearoa) is the official currency and legal tender of New Zealand, the Cook Islands, Niue, the Ross Dependency, Tokelau, and a British territory, the Pitcairn Islands. Within New Zealand, it is almost always abbreviated with the dollar sign ($), with "NZ$" sometimes used to distinguish it from other dollar-denominated currencies. In the context of currency trading, it is often informally called the "Kiwi" or "Kiwi dollar", since New Zealand is commonly associated with the indigenous bird and the one-dollar coin depicts a kiwi. Introduced in 1967, the dollar is subdivided into 100 cents. Altogether there are ten denominations—five coins and five banknotes—with the smallest being the 10-cent coin. Formerly there were lower denominations, but those were discontinued due to inflation and production costs. The New Zealand dollar is consistently one of the 10 most traded currencies in the world, being approximately 2.0% of global foreign exchange market daily turnover in 2013.

12 Mexican Peso to New Zealand Dollar exchange rates chart

12 MXN to NZD exchange rates graph
12 MXN to NZD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

12 MXN to NZD exchange rates table

Exchange MXN to NZD
12 Mexican Peso = 0.925 New Zealand Dollar
24 Mexican Peso = 1.849 New Zealand Dollar
60 Mexican Peso = 4.623 New Zealand Dollar
120 Mexican Peso = 9.246 New Zealand Dollar
Exchange Mexican Peso to New Zealand Dollar
12 Mexican Peso to New Zealand Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best MXN/NZD rate at No1 Currency in Auckland

12 MXN to NZD exchange rates at No1 Currency in Auckland
12 Mexican Peso = 0.860 New Zealand Dollar
No1 Currency
No1 Currency

No1 Currency - Currency Exchange Specialists No1 Currency is a foreign exchange business (owned by FEXCO Pacific) that has been operating across the Pacific for over 10 years. The core services we offer are currency exchange, business payments and international money transfers through Western Union. We now operate in 9 Pacific countries accross 65 locations and employ over 250 Staff. No1Currency has airport locations in Samoa, Fiji (Nadi and Nausori), Tonga, Vanuatu (Port Vila and Santo) and...

12 MXN to NZD exchange rates news

The peso has done something shocking since Trump took office

The peso is up 6% since Trump took office.

3 days conditional negative
The Mexican peso is soaring after Trump's inauguration

The Mexican peso was closely followed throughout the election.

3 days indicative positive
Mexico launches major initiative to boost financial sector
Mexico launches major initiative to boost financial sector

BNamericas is the business intelligence tool for Latin America with data, news, analysis and events to identify job opportunities, projects, companies and contacts

9 days indicative neutral
NZ dollar extends slide as Philly Fed lifts sentiment in US | Scoop News

Jan. 18 (BusinessDesk) - The New Zealand dollar extended its decline as US investors looked for positive signs in their economy and European manufacturers prepared for the worst from the on-going Brexit impasse.

about 15 hours indicative negative
Card spending suggests little festive cheer for retailers - sharechat.co.nz

Retail spending using electronic cards over the key Christmas period suggests retailers found little to cheer about in the festive season

1 day indicative neutral
NZD treads water ahead of Brexit vote; buoyed by dairy auction, China stimulus - sharechat.co.nz

The kiwi stuck to a tight range ahead of the Brexit vote in the UK, helped by new China stimulus and a solid overnight milk auction

3 days conditional neutral
NZ dollar hovers near top of recent range as hopes rise - sharechat.co.nz

The New Zealand dollar is treading water near the top of its recent range on speculation the US Federal Reserve will either slow down or pause further rate hikes and hopes for a positive outcome to United States-China trade talks

9 days conditional neutral

12 MXN to NZD currency converter