Mexico Currency to INR: A Comprehensive Guide

Mexico is a popular tourist destination, and understanding the local currency is essential for a smooth trip. The Mexican currency is the Mexican Peso (MXN), which is divided into 100 centavos.

One Mexican Peso is equivalent to 0.05 Indian Rupees (INR) as of the current exchange rate. This rate may fluctuate, so it's always a good idea to check the latest exchange rates before traveling.

To give you a better idea, let's look at some approximate exchange rates: 1 MXN is equal to 0.05 INR, which means that 100 Mexican Pesos would be equivalent to 5 Indian Rupees.

Using OANDA's Currency Converter is a great way to convert Mexican pesos to Indian rupees. You can type in the amount you want to convert and select MXN as the currency you want to convert from and INR as the currency you want to convert to.

To use the converter, simply type in the box how much you want to convert, click on the dropdown to select MXN and INR, and the converter will show you the current exchange rate and how it's changed over the past day, week, or month.

You can also access historical currency exchange rates dating back to January 1990.

Here's an example of how you can convert MXN to INR using OANDA's converter:

The Mexican Peso and Indian Rupee have distinct histories and uses. The Mexican Peso (MXN) is the official currency of Mexico, with a rich history dating back to the colonial era.

The Mexican Peso has played a significant role in Mexico's economy, serving as a symbol of national identity. This is in contrast to the Indian Rupee, which has a different history and significance in India.

The Mexican Peso is widely accepted and used for daily transactions and international trade.

A fresh viewpoint: Us Dollar to Indian Rupee History Graph

The exchange rate between the Mexican Peso (MXN) and the Indian Rupee (INR) can be influenced by various factors.

Economic indicators, such as GDP growth, inflation, and interest rates, can significantly impact the exchange rate. These indicators can affect the overall health of the Mexican economy, which in turn can influence the value of the MXN against the INR.

Geopolitical events, such as elections and trade agreements, can also have a significant impact on the exchange rate. These events can create uncertainty and affect investor confidence, leading to fluctuations in the exchange rate.

Here are the 30 and 90 day highs and lows for the MXN to INR exchange rate:

Over the past six months, the MXN has decreased in value compared to the INR, with a drop of -10.92%.

If you're looking to compare the value of the Indian Rupee over the years, you can check out the exchange rates for the Mexican Peso to Indian Rupee for a particular year.

You can view rates between the Mexican Peso and the Indian Rupee for a specific year by clicking on one of the links below.

The Mexican Peso (MXN) to Indian Rupee (INR) exchange rate has been fluctuating over the past few months. The 30-day high for this exchange rate was 4.2357, while the 30-day low was 4.1078.

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This means that the average exchange rate over the past 30 days was 4.1904. The change for MXN to INR was -0.03, indicating a slight decrease.

In the last 90 days, the 90-day high for the exchange rate was 4.2570, and the 90-day low was 4.0815. The 90-day average was 4.1816, with a change of -0.14.

Over the past six months, the MXN/INR rate has decreased by -10.92%, indicating that the Mexican Peso has lost value compared to the Indian Rupee.

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The exchange rate between the Mexican peso (MXN) and the Indian rupee (INR) can be influenced by various factors. Economic indicators such as GDP growth, inflation, and interest rates can impact the exchange rate.

Economic indicators like GDP growth rates can have a significant effect on a country's currency. For example, a strong GDP growth rate in Mexico can lead to a stronger MXN.

Inflation rates can also impact the exchange rate. If inflation is high in Mexico, it can lead to a decrease in the value of the MXN.

Interest rates set by central banks can also affect the exchange rate. If the Mexican central bank raises interest rates, it can make the MXN more attractive to investors, leading to an appreciation in the exchange rate.

Geopolitical events such as elections and trade agreements can also influence the exchange rate. A major trade agreement between Mexico and another country can impact the value of the MXN.

Central bank decisions, such as interest rate changes, can affect the exchange rate. A change in interest rates by the Mexican central bank can have a ripple effect on the exchange rate.

Here are some of the key factors that can affect the exchange rate: