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The peso mexicano and peso argentina are two distinct currencies, but they share a common goal: to facilitate transactions and commerce in their respective countries.
The exchange rate between the two currencies can fluctuate greatly, with a significant difference in value.
According to the article, the current exchange rate is approximately 1 MXN = 0.55 ARS. This means that for every Mexican peso, you can exchange it for around 0.55 Argentine pesos.
Before investing or exchanging your money, it's essential to understand the current market trends and the risks involved.
Tendencias y Comparativas
In the past year, the peso mexicano has been +2.91% above the peso argentino.
The peso mexicano has gained significant ground over the peso argentino in the long term, with a +6,700.43% difference over the last 10 years.
This means the peso mexicano has a substantial advantage over the peso argentino in terms of power adquisitivo, or purchasing power.
Conversión y Valor
The peso mexicano and the peso argentino are two of the most widely traded currencies in Latin America, and understanding their value and conversion rate is crucial for anyone looking to travel, work, or invest in either country.
The current exchange rate is approximately 50,078 ARS per 1 MXN, making the peso mexicano significantly stronger than the peso argentino.
If you're planning to convert pesos mexicanos to pesos argentinos, you can use our handy conversion table to get an idea of the current exchange rate.
The peso mexicano has been steadily increasing in value against the peso argentino over the past year, with a gain of +4.89% in the last 12 months.
Keep in mind that exchange rates can fluctuate rapidly, so it's essential to check the current rate before making any transactions.
In the last 90 days, the peso mexicano has experienced a maximum exchange rate of 50,9457 and a minimum of 48,4394, with an average of 49,8195.
Inversión y Riesgo
Investing in currency exchange involves risk, and the exchange rate between the peso mexicano (MXN) and peso argentino (ARS) is no exception.
The exchange rate can fluctuate significantly, with a maximum of 53,691 pesos argentinos for every peso mexicano reached on May 20, 2024, and a minimum of 47,487 pesos argentinos for every peso mexicano reached on January 23, 2024.
It's essential to consider the average exchange rate, which was 50,003 pesos argentinos for every peso mexicano over the period from April 1, 2024, to January 3, 2025.
A significant fluctuation of 6,204 pesos argentinos per peso mexicano occurred between the maximum and minimum exchange rates.
Understanding these fluctuations is crucial for making informed investment decisions.
You might like: Reais Em Pesos Argentinos
Historical
The peso mexicano and peso argentino have a rich history that dates back to the colonial era.
The Spanish Empire introduced the peso in the 16th century, and it became the standard currency in both Mexico and Argentina.
The peso argentino was pegged to the US dollar at a rate of 4.90 pesos per dollar in 1991.
In the 19th century, the peso mexicano was divided into 100 centavos, just like the peso argentino.
The peso argentino experienced high inflation in the 1980s, leading to a currency crisis that devalued the peso.
The peso mexicano has been stable, with a fixed exchange rate to the US dollar since 1994.
Related reading: Eur Usd Exchange Rate Graph
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