Convert Mexican peso to New Zealand Dollar

100 Mexican peso (MXN) = 6.97 New Zealand Dollar (NZD)

Thursday, February 23, 2017 11:37 AM

100 MXN =
6.97 NZD

MXNNZD graph

Currencies rates online for Mexican peso (MXN) to New Zealand Dollar (NZD).

Forex data is updating every 5 minutes.

In order to convert currencies, please go to New Zealand Dollar (NZD) to Mexican peso (MXN).

The currency converter uses the latest Forex exchange rates.


MXN – Mexican peso

The Mexican peso (symbol: $; currency code: MXN) is the official currency of Mexico. One (1) is equal to one hundred (100) centavos.

The peso is issued by the Bank of Mexico. It is one of the most heavily traded currencies worldwide, and the most traded currency originating from Latin America.

Background
The currency derives its name from the term used to refer to the eight-real coins, or, Spanish dollars, which were issued in Mexico by Spain until the 19th century. The Oil Crisis of the 1970s had a profound effect on the otherwise stable peso, causing it to be replaced by a new currency, the nuevo peso, on January 1, 1993. The modifier “nuevo” was abandoned three years later.


NZD – New Zealand dollar

The New Zealand dollar (symbol: $; currency code: NZD) is the official currency of the Realm of New Zealand and of the Pitcairn Islands. It is sometimes abbreviated as NZ$ to distinguish between it and other dollar-denominated currencies. One (1) dollar is equal to one hundred (100) cents.

The New Zealand dollar is among the ten most heavily traded currencies worldwide. It is frequently referred to by traders as the “kiwi” due to the association between New Zealand and the indigenous bird, which is also depicted on the one-dollar coin.