Mexican peso (MXN)
9 articles
Australia Issues Holey Dollar Coin to Mark 60 Years with Mexico
The Royal Australian Mint has released a new uncirculated Holey dollar coin to celebrate 60 years of diplomatic relations between Australia and Mexico, reviving a historic currency link rooted in colonial-era Spanish silver.
Five US Coins Break Million Dollar Barrier at Heritage ANA Auction
A single 1879 Quintuple Stella led five US coins past the million dollar mark at Heritage's 2026 ANA auctions, as collectors pushed total sales to over $67 million and set new records for American and world rarities
Australia Issues New Holey Dollar Coin Linking Two Centuries of Currency
Australia's Royal Mint unveils a $1 coin with a real hole at its center, reviving the 1813 Holey Dollar and highlighting the unexpected role of a convicted forger in the nation's monetary history
How the US Trade Dollar Lost Its Place in Global Silver Commerce
The US Trade Dollar was designed to outcompete Mexico's peso in Asian trade, but its journey from export tool to domestic headache reveals the risks of currency innovation and the limits of monetary policy abroad
Latin American Currencies Draw Global Capital Despite Economic Risks
High-yielding currencies like the Colombian peso, Brazilian real, and Mexican peso continue to attract international capital through carry trades, even as underlying economic fundamentals remain mixed and policy risks persist
How Foreign Coins Shaped Early U.S. Money and Circulation Rules
Foreign coins once played a central role in U.S. commerce, with legal status and circulation rules evolving over time. This article examines how these coins entered, influenced, and eventually exited the American monetary system
Latin American Currencies Recover as Fed Rate Hike Bets Fade
Latin American currencies edged higher against the US dollar as traders scaled back expectations for a Federal Reserve rate increase, with commodity prices helping to cushion regional equity markets from deeper losses
World Coins in Everyday Change Reveal Global Histories
Coins from Sierra Leone, Jamaica, Colombia, Mexico, Canada, and Germany found in loose change offer a tangible link to global histories, political shifts, and cultural identities, highlighting how everyday money connects us to distant places and past events
History of the Mexican Peso: From Pieces of Eight to the Modern MXN
The Mexican peso grew out of the silver pieces of eight minted in New Spain and used across the Americas, Europe and Asia. This detailed history follows the currency from pre-Hispanic exchange and the first mint in the Americas through independence, the 1982 debt crisis, the 1993 nuevo peso redenomination and today’s floating MXN.