MXN


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MXN

The ISO 4217 currency code for the Mexican Peso.

MXN

ISO 4217 code for the Mexican peso. The symbol was adopted following the revaluation of the peso that took place in 1993. For most of the 20th century, the peso was one of the more stable currencies in the world, and it had not been subject to the hyperinflation that plagued other Latin American countries. However, the 1970s oil crisis resulted in Mexico defaulting on its national debt in 1982; this slowed growth and caused hyperinflation throughout the 1980s. The "new peso," which was introduced in 1993, helped to stabilize the country. Now, the peso is one of the most traded currencies in the world.
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References in periodicals archive ?
The company's cash flow generation supported its share repurchases of MXN $494 million and MXN $718 million during LTM 2Q'12 and 2011, respectively.
By the end of June 2012 KCM's LTM CFO and cash position combined (approximately MXN $7.
Elektra has paid annual dividends of about MXN $480 million and Fitch expects that this amount will grow moderately.
Axtel has swapped to MXN the debt service of its 2017 and existing 2019 senior notes to a fix rate in MXN, however the principal amount remains exposed to the USD, adding currency risk.
For the 12 months ending March 31 2012, CFE has revenues of MXN $302.
Michael Lippman, VP of Product Development for MXN Corporation, a Mitel authorizedPARTNER, stated : 'MarWatch adds value to the Mitel sale.
Movistar is offering the Moto E at MXN 2,299 in the pre-paid Double offer, which comes with double top-ups every day, three free numbers to talk to any operator in Mexico, the US and Canada with a top-up of MXN 30 a week and per-second billing.