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Russian Ruble

The ruble (or rouble) (Russian: рубль, romanized: rublʹ, [ˈrublʲ] ; symbol: ₽; ISO code: RUB) is the official currency of the Russian Federation. Banknotes and coins are issued by the Central Bank of Russia, which is Russia's monetary authority independent of all other government bodies. Each ruble is technically subdivided into 100 kopeyka (kopecks), but kopeck-denominated coins are now rarely used due to inflation. It is the second-oldest currency in continuous use, after British sterling. It was also the first decimal currency. The ruble was the currency of the Russian Empire and later the Soviet Union, where it was known as the Soviet ruble (code: SUR, 810). Following the dissolution of the Soviet Union in 1991, the Soviet ruble was replaced in Russia with the Russian ruble (code: RUR, 810) at par in the following year. The Russian ruble continued to be used in 11 post-Soviet states, forming a "ruble zone" until 1993. In 1998, the ruble was redenominated (code: RUB, 643) shortly before the 1998 financial crisis, at a rate of 1000 RUR = 1 RUB. The ruble is a free-floating currency, and in 2023, the digital ruble was introduced. The Russian ruble is also used as a de facto legal tender in Baikonur, Abkhazia and South Ossetia.

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.