Published:
25 January, 2009
Mexico's currency is the "Peso." It comes in coin denominations of 5 cents, 10 cents, 20 cents, 50 cents, 1 peso, 2 pesos, 5 pesos, 10 pesos, and 20 pesos. Except for the half-peso coin, the "cents" denominations are rare. Folding money comes in $20, $50, $100, $200, $500 and $1,000.
Peso means "weight" in English. It's not hard to see that the peso got its name from the weight of the metal that made up the coin. The Mexican Peso was inspired by colonial Spanish silver bullion, which was cast into coins worth "ocho reales," and became known as "pieces...
more»