If you are going to mexico, the money that they use is in mexican Peso. As of today, $1 USD is equavalent to MX$13.04 pesos (Mexican Pesos). There are one hundred Mexican cents to every peso.

The symbol for Mexican Peso is $. In order to distinguish this from the USD dollar symbol, they sometimes represents the $ with MX and you will see MX$ or MN after it, e.g. $20 MN. The MN stands for “Moneda Nacional”, meaning National Currency.

The Mexican Peso is actually a free floating currency, meaning its value fluctuates daily depending on the Foreign Exchange Market.

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