Convert Uruguayan Peso to Mexican Peso
Please provide values below to convert Uruguayan Peso [UYU] to Mexican Peso [MXN], or Convert Mexican Peso to Uruguayan Peso.
How to Convert Uruguayan Peso to Mexican Peso
1 UYU = 2.16152476373349 MXN
Example: convert 15 UYU to MXN:
15 UYU = 15 × 2.16152476373349 MXN = 32.4228714560024 MXN
Uruguayan Peso to Mexican Peso Conversion Table
Uruguayan Peso | Mexican Peso |
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Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.