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Mexican Peso

The Mexican peso (symbol: $; currency code: MXN; also abbreviated Mex$ to distinguish it from other peso-denominated currencies) is the official currency of Mexico. The currency was first introduced in 1863, replacing the old Spanish colonial real. Each peso is subdivided into 100 centavos, represented by "¢". Mexican banknotes are issued by the Bank of Mexico in various denominations and feature vibrant colors and imagery representing Mexican culture and history. Modern peso and dollar currencies have a common origin in the 16th–19th century Spanish dollar, most continuing to use its sign, "$". During the era of silver coinage, the Spanish dollar and the Mexican peso circulated globally in trade and as reserve currencies. They were also legal tender in the United States, Canada, and China, and served as a model for the U.S dollar and several other currencies. The current ISO 4217 code for the peso is MXN; the "N" refers to the "new peso". Prior to the 1993 revaluation, the code MXP was used. The Mexican peso is the 16th most traded currency in the world, the third most traded currency from the Americas (after the United States dollar and Canadian dollar), and the most traded currency from Latin America.

Chilean Peso

The peso is the currency of Chile. The current peso has circulated since 1975, with a previous version circulating between 1817 and 1960. Its symbol is defined as a letter S with either one or two vertical bars superimposed prefixing the amount, $ or ; the single-bar symbol, available in most modern text systems, is almost always used. Both of these symbols are used by many currencies, most notably the United States dollar, and may be ambiguous without clarification, such as CLP$ or US$. The ISO 4217 code for the present peso is CLP. It was divided into 100 centavos until this subdivision was eliminated by law effective 1 January 1984, after inflation had rendered the centavo valueless, requiring accounts to be kept in whole pesos thereafter. As of July 2026, the Chilean peso traded at around CLP 930 per U.S. dollar. The current peso was introduced on 29 September 1975 by decree 1,123, replacing the escudo at a rate of 1 peso for 1,000 escudos. The currency is issued by the Central Bank of Chile, founded in 1925 and made responsible for monetary policy and control of the money supply, and produced by the Casa de Moneda de Chile (the Chilean mint), which traces its origin to a royal charter (Real Cédula) issued by King Philip V of Spain on 1 October 1743 authorizing a mint in Santiago.