Mexican Peso (MX$) to Philippine Peso (₱) Conversion
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico and the most traded Latin American currency after the Brazilian Real. The current peso was introduced in 1993 as the Nuevo Peso, replacing the old peso at a rate of 1:1,000 to end the confusion caused by decades of high inflation. Mexico's close economic integration with the United States — formalised by NAFTA (now USMCA) — means the MXN is highly sensitive to US Federal Reserve policy, trade developments, and oil prices, since Mexico is a significant oil producer.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, managed by Bangko Sentral ng Pilipinas. The Philippines is one of Asia's largest recipients of overseas worker remittances — accounting for approximately 8–10% of GDP annually — making remittance flows a major driver of peso demand and exchange rate stability. The Philippines is also a major business process outsourcing (BPO) hub, with a large English-speaking workforce serving global clients. The peso symbol (₱) was officially adopted in 1993.
| Mexican Peso (MX$) | Philippine Peso (₱) |
|---|---|
| MX$ 0.1 | ₱ 0.1 |
| MX$ 1 | ₱ 1 |
| MX$ 2 | ₱ 2 |
| MX$ 3 | ₱ 3 |
| MX$ 5 | ₱ 5 |
| MX$ 10 | ₱ 10 |
| MX$ 20 | ₱ 20 |
| MX$ 30 | ₱ 30 |
| MX$ 50 | ₱ 50 |
| MX$ 100 | ₱ 100 |
| MX$ 1000 | ₱ 1000 |