Convert Singapore Dollar to Mexican Peso
Please provide values below to convert Singapore Dollar [SGD] to Mexican Peso [MXN], or Convert Mexican Peso to Singapore Dollar.
How to Convert Singapore Dollar to Mexican Peso
1 SGD = 0.0686379678398644 MXN
Example: convert 15 SGD to MXN:
15 SGD = 15 × 0.0686379678398644 MXN = 1.02956951759797 MXN
Singapore Dollar to Mexican Peso Conversion Table
| Singapore Dollar | Mexican Peso |
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Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.
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.