OANDA's currency calculator tools use OANDA Rates™, the touchstone FX rates compiled from leading market data contributors.
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These values represent the daily average of the Bid and Ask rates OANDA receives from many data sources.
MXN - Mexican Peso
The Mexican peso (MXN) is the official currency of Mexico. It is subdivided into 100 centavos. The currency was initially based on Spain’s official currency, called ‘real’, which was the Spanish dollar. The Mexican peso’s name originated from the silver 8-real coins issued by Spain in Mexico.
USD - US Dollar
The US dollar (USD) is the official currency of the United States of America. It is the world’s most widely traded currency.
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