Japanese Yen to Mexican Peso — exchange rate

The Japanese yen (international symbol: ¥, code: JPY, number 392) is the sole official currency in Japan. The currency unit is part of the main world reserve currencies. JPY is an international name used on exchange markets and in currency exchange offices.

Sens are used as change for the Japanese yen. Every JPY has 100 sens. The ¥ currency unit has been issued in 1871. Yen replaced a metallic monetary system of Tokugawa. Every year, the Japanese Mint prints series of commemorative coins dedicated to 47 prefectures. The front is decorated in the same way for all of them, and the back side has sightseeing locations and important natural monuments.

The Mexican peso (symbol: $, code: MXN, number: 484 ) is the official currency of Mexico. Its notes and coins are not used in other countries. A widespread international name for the currency used on the exchange market and in exchange offices is MXN.

Mexican peso can be subdivided into centavos. Every MXN has 100 centavos. The currency first appeared in 1993 and replaced the Mexican reals. Up until 1999 the currency had been called the new Mexican peso. As soon as this currency appeared, it became a catalyzer for a large-scale financial crisis. Real had gone through inflation before, but the consequences of the 1992 crisis become fatal for the old monetary unit.