Convert United Arab Emirates Dirham to Mexican Peso
Please provide values below to convert United Arab Emirates Dirham [AED] to Mexican Peso [MXN], or Convert Mexican Peso to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Mexican Peso
1 AED = 0.1969781487004 MXN
Example: convert 15 AED to MXN:
15 AED = 15 × 0.1969781487004 MXN = 2.954672230506 MXN
United Arab Emirates Dirham to Mexican Peso Conversion Table
| United Arab Emirates Dirham | Mexican Peso |
|---|
United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.