INR TO MXN

Inr to MXN

7 Day Forecast

Exchange Rate

INR TO MXN

30 Days Forecast

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Inr to MXN

7 days History

Exchange Rate

INR TO MXN

30 Days History

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Date Rate Max Min
2021-02-12 12 Feb 21 0.27597 (0%) 0.27597 0.27597
2021-02-11 11 Feb 21 0.27379 (0.79%) 0.27379 0.27379
2021-02-10 10 Feb 21 0.27602 (-0.018%) 0.27602 0.27602
2021-02-09 9 Feb 21 0.2755 (0.17%) 0.2755 0.2755
2021-02-08 8 Feb 21 0.27706 (-0.395%) 0.27706 0.27706
2021-02-05 5 Feb 21 0.2787 (-0.989%) 0.2787 0.2787
2021-02-04 4 Feb 21 0.27781 (-0.667%) 0.27781 0.27781
2021-02-03 3 Feb 21 0.27641 (-0.159%) 0.27641 0.27641
2021-02-02 2 Feb 21 0.27699 (-0.37%) 0.27699 0.27699
2021-02-01 1 Feb 21 0.2775 (-0.554%) 0.2775 0.2775
2021-01-29 29 Jan 21 0.27752 (-0.562%) 0.27752 0.27752
2021-01-28 28 Jan 21 0.27987 (-1.413%) 0.27987 0.27987
2021-01-27 27 Jan 21 0.27646 (-0.178%) 0.27646 0.27646
2021-01-26 26 Jan 21 0.27484 (0.409%) 0.27484 0.27484
2021-01-25 25 Jan 21 0.27409 (0.681%) 0.27409 0.27409
2021-01-22 22 Jan 21 0.27301 (1.073%) 0.27301 0.27301
2021-01-21 21 Jan 21 0.26875 (2.616%) 0.26875 0.26875
2021-01-20 20 Jan 21 0.26901 (2.522%) 0.26901 0.26901
2021-01-19 19 Jan 21 0.26801 (2.884%) 0.26801 0.26801
2021-01-18 18 Jan 21 0.27114 (1.75%) 0.27114 0.27114
2021-01-15 15 Jan 21 0.27103 (1.79%) 0.27103 0.27103
2021-01-14 14 Jan 21 0.27116 (1.743%) 0.27116 0.27116
2021-01-13 13 Jan 21 0.27122 (1.721%) 0.27122 0.27122
2021-01-12 12 Jan 21 0.27276 (1.163%) 0.27276 0.27276
2021-01-11 11 Jan 21 0.27455 (0.515%) 0.27455 0.27455
2021-01-08 8 Jan 21 0.27252 (1.25%) 0.27252 0.27252
2021-01-07 7 Jan 21 0.26937 (2.392%) 0.26937 0.26937
2021-01-06 6 Jan 21 0.26999 (2.167%) 0.26999 0.26999
2021-01-05 5 Jan 21 0.27358 (0.866%) 0.27358 0.27358
2021-01-04 4 Jan 21 0.27067 (1.92%) 0.27067 0.27067
Conversion rates INR to MXN
1 INR 0.27597 MXN
5 INR 1.37985 MXN
10 INR 2.75971 MXN
20 INR 5.51942 MXN
50 INR 13.79855 MXN
100 INR 27.5971 MXN
200 INR 55.19419 MXN
250 INR 68.99274 MXN
300 INR 82.79129 MXN
400 INR 110.38838 MXN
500 INR 137.98548 MXN
600 INR 165.58258 MXN
800 INR 220.77677 MXN
1000 INR 275.97096 MXN
1200 INR 331.16515 MXN
1300 INR 358.76225 MXN
1400 INR 386.35934 MXN
1500 INR 413.95644 MXN
1800 INR 496.74773 MXN
2000 INR 551.94192 MXN
2500 INR 689.9274 MXN
3000 INR 827.91288 MXN
3500 INR 965.89836 MXN
4000 INR 1103.88384 MXN
4500 INR 1241.86932 MXN
5000 INR 1379.8548 MXN
6000 INR 1655.82576 MXN
6500 INR 1793.81124 MXN
7000 INR 1931.79672 MXN
7500 INR 2069.7822 MXN
8000 INR 2207.76768 MXN
9000 INR 2483.73863 MXN
10000 INR 2759.70959 MXN
12000 INR 3311.65151 MXN
12500 INR 3449.63699 MXN
13000 INR 3587.62247 MXN
14000 INR 3863.59343 MXN
15000 INR 4139.56439 MXN
16000 INR 4415.53535 MXN
18000 INR 4967.47727 MXN
20000 INR 5519.41919 MXN
21000 INR 5795.39015 MXN
22000 INR 6071.36111 MXN
23000 INR 6347.33207 MXN
24000 INR 6623.30303 MXN
25000 INR 6899.27399 MXN
26000 INR 7175.24494 MXN
28000 INR 7727.18686 MXN
30000 INR 8279.12878 MXN
32000 INR 8831.0707 MXN
35000 INR 9658.98358 MXN
36000 INR 9934.95454 MXN
40000 INR 11038.83838 MXN
45000 INR 12418.69317 MXN
50000 INR 13798.54797 MXN
55000 INR 15178.40277 MXN
60000 INR 16558.25756 MXN
65000 INR 17938.11236 MXN
70000 INR 19317.96716 MXN
75000 INR 20697.82196 MXN
80000 INR 22077.67675 MXN
90000 INR 24837.38635 MXN
100000 INR 27597.09594 MXN
120000 INR 33116.51513 MXN
150000 INR 41395.64391 MXN
200000 INR 55194.19188 MXN
250000 INR 68992.73985 MXN
300000 INR 82791.28782 MXN
400000 INR 110388.38376 MXN
500000 INR 137985.4797 MXN
600000 INR 165582.57564 MXN
1000000 INR 275970.9594 MXN
1200000 INR 331165.15128 MXN
1500000 INR 413956.4391 MXN
2000000 INR 551941.9188 MXN
2500000 INR 689927.3985 MXN
3000000 INR 827912.8782 MXN
5000000 INR 1379854.797 MXN
10000000 INR 2759709.594 MXN
Conversion rates MXN to INR
1 MXN 3.62357 INR
5 MXN 18.11785 INR
6 MXN 21.74142 INR
7 MXN 25.36499 INR
8 MXN 28.98856 INR
9 MXN 32.61213 INR
10 MXN 36.2357 INR
11 MXN 39.85927 INR
12 MXN 43.48284 INR
13 MXN 47.10641 INR
14 MXN 50.72998 INR
15 MXN 54.35355 INR
16 MXN 57.97711 INR
17 MXN 61.60068 INR
18 MXN 65.22425 INR
19 MXN 68.84782 INR
20 MXN 72.47139 INR
24 MXN 86.96567 INR
25 MXN 90.58924 INR
27 MXN 97.83638 INR
29 MXN 105.08352 INR
30 MXN 108.70709 INR
35 MXN 126.82494 INR
39 MXN 141.31922 INR
40 MXN 144.94279 INR
45 MXN 163.06064 INR
49 MXN 177.55491 INR
50 MXN 181.17848 INR
55 MXN 199.29633 INR
59 MXN 213.79061 INR
60 MXN 217.41418 INR
65 MXN 235.53203 INR
70 MXN 253.64988 INR
75 MXN 271.76773 INR
80 MXN 289.88557 INR
90 MXN 326.12127 INR
99 MXN 358.7334 INR
100 MXN 362.35697 INR
110 MXN 398.59266 INR
120 MXN 434.82836 INR
125 MXN 452.94621 INR
130 MXN 471.06406 INR
140 MXN 507.29975 INR
149 MXN 539.91188 INR
150 MXN 543.53545 INR
160 MXN 579.77115 INR
170 MXN 616.00684 INR
180 MXN 652.24254 INR
199 MXN 721.09037 INR
200 MXN 724.71394 INR
220 MXN 797.18533 INR
249 MXN 902.26885 INR
250 MXN 905.89242 INR
280 MXN 1014.59951 INR
300 MXN 1087.0709 INR
349 MXN 1264.62582 INR
350 MXN 1268.24939 INR
360 MXN 1304.48508 INR
399 MXN 1445.8043 INR
400 MXN 1449.42787 INR
450 MXN 1630.60635 INR
500 MXN 1811.78484 INR
550 MXN 1992.96332 INR
600 MXN 2174.14181 INR
650 MXN 2355.32029 INR
699 MXN 2532.8752 INR
700 MXN 2536.49877 INR
750 MXN 2717.67726 INR
800 MXN 2898.85574 INR
900 MXN 3261.21271 INR
999 MXN 3619.94611 INR
1000 MXN 3623.56968 INR
1100 MXN 3985.92664 INR
1200 MXN 4348.28361 INR
1300 MXN 4710.64058 INR
1400 MXN 5072.99755 INR
1500 MXN 5435.35451 INR
1600 MXN 5797.71148 INR
1700 MXN 6160.06845 INR
1800 MXN 6522.42542 INR
2000 MXN 7247.13935 INR
2200 MXN 7971.85329 INR
2400 MXN 8696.56722 INR
2500 MXN 9058.92419 INR
3000 MXN 10870.70903 INR
3500 MXN 12682.49387 INR
4000 MXN 14494.2787 INR
4500 MXN 16306.06354 INR
5000 MXN 18117.84838 INR
6000 MXN 21741.41806 INR
7000 MXN 25364.98773 INR
8000 MXN 28988.55741 INR
10000 MXN 36235.69676 INR
12000 MXN 43482.83611 INR
15000 MXN 54353.54514 INR
20000 MXN 72471.39352 INR
22000 MXN 79718.53288 INR
25000 MXN 90589.24191 INR
30000 MXN 108707.09029 INR
35000 MXN 126824.93867 INR
40000 MXN 144942.78705 INR
45000 MXN 163060.63543 INR
50000 MXN 181178.48381 INR
60000 MXN 217414.18057 INR
65000 MXN 235532.02895 INR
70000 MXN 253649.87734 INR
75000 MXN 271767.72572 INR
80000 MXN 289885.5741 INR
100000 MXN 362356.96762 INR
1000000 MXN 3623569.67622 INR
1000000000 MXN 3623569676.223 INR

INR to MXN (Mexican Peso)

What is MXN?

he abbreviation for the Mexican peso, which is Mexico's official currency, is MXN. The Mexican peso is made up of 100 centavos and the currency sign is $ or Mex$. It originated from the Spanish dollar between the 15th and 19th centuries.

The name peso derives from the word 'pesos' from Mexico, which means 'weights' and refers to weights of gold or silver. Although MXN is the third most traded currency in America after the US dollar and the Canadian dollar, MXN is the main currency traded in Latin America.

Economy

  • The private sector funds the Mexican economy. And its economy was based on manufacturing, which was still considered the source of employment, even though the agricultural sector went down.
  • Since the 1980s, the Mexican economy has undergone a dramatic transition, which is a consequence of economic liberation and being a member of the North American Free Trade Agreement.
  • Mining achieved a GDP of 1.4 percent in 2003, but it devalues the importance of the economy's oil production. Oil exports constitute 11.3 percent of the country's overall export earnings.

History of MXN

  • The Mexican Peso was used as a benchmark for all North American countries in the late 18th century. The US Dollar was priced at a rate equal to the Peso on July 6, 1785, and was commonly used as currency in the United States well after USD bills were introduced.
  • The country got freedom in 1821 from Spain and then it continued to use the Peso as its currency.
  • The first centavo coins were issued in 1863. A centavo was one-hundredth of a Peso. Another series of 1 peso coins were issued the following year until 1897.
  • The value of the golden peso dropped to 49.3% in 1905, but the silver peso remained unchanged.
  • Mexico experienced several years of inflation and debt defaults following the 1970s Oil Crisis, leading to the replacement of the currency with the Nuevo Peso. The value of the Nuevo Peso was 1000 Mexican Pesos.

Symbols and Names

Symbols: $, Mex$

Nicknames: Varos, Morlacos, money, Lana, Lucas, Papiros, Marimba, Varonil

Central Bank

Bank of Mexico

Coins and Banknotes

Banknotes: $20, $50, $100, $200, $500, $1,000

Coins: 5¢, 10¢, 20¢, 50¢. $1, $2, $5, $10, $20, $50, $100

Currency Subunits

Centavo = 1/100 of a Dollar

Factors Affecting the Mexican Peso

America and Mexico are neighboring states as they both share the land border. It has a trade agreement with the US and at the same time, there is a dispute because of illegal immigration. Extremely stable border areas that are active in trade interactions contribute greatly to the liquidity of the peso.

As Mexico's vast oil reserves provide leverage for financing, the Mexican peso also swings with energy prices. The lent money helps to raise funds for domestic programs from the Mexican government. International lenders are more likely to invest and assume the risk of high crude oil prices in oil-dominated countries. It is also an ideal way to forecast oil prices through the ties between the Mexican peso and oil.