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
Plan for Establishing Uniformity in the Coinage, Weights, and Measures of the United States power "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures". In his first annual message to Congress (what later came to be called "State of the Union Addresses") on January 8, 1790 (a few months before Jefferson's report to the House of Representatives), George Washington stated, "Uniformity in the currency, weights, and measures of the United States is an object of great importance, and will, I am persuaded, be duly attended to." Washington repeated similar calls for action in his second and third annual messages (after Jefferson's report). Jefferson's decimal