Mexican peso Mexican peso The Mexican peso (sign: $; code: MXN) is the currency of Mexico. Modern peso and dollar currencies have a common origin in the 15th–19th century-Spanish dollar, most continuing to use its sign, "$". The Mexican peso is the 10th most traded currency in the world, the third most traded currency from America (after the United States dollar and Canadian dollar), and the most traded currency from Latin America. The current ISO 4217 code for the peso is "MXN"; prior to the 1993 revaluation (see below), the code "MXP" was used. The peso is subdivided into 100 "centavos", represented
SWAG (silver, wine, art and gold) prices they can add genuine diversity to an asset portfolio. SWAG (silver, wine, art and gold) SWAG is an asset class comprising silver, wine, art and gold, identified by economist Joe Roseman in his 2011 "Investment Week" article, "SWAG: The Industry's Latest Acronym". He describes these as transportable and easy to store physical assets with no income stream (and so no exposure to income tax) and no incumbent debt, whose performance appears unrelated to the performance of equity markets; and he notes that none of these factors would be affected by sovereign default. Because of their scarcity, desirability, durability and