# Mexican Peso

The Mexican Peso (MXN) is the currency of Mexico. It is the 15th most traded currency in the world and is freely floated on the foreign exchange market.

## History
The Peso has gone through several changes and denominations throughout history. The word "peso" means "weight" in Spanish, which dates back to the Spanish dollar.

## Current Denomination
The current denomination includes:
- Coins: 5, 10, 20, 50 cents; 1, 2, 5, 10 pesos
- Banknotes: 20, 50, 100, 200, 500, and 1000 pesos

## Exchange Rate
The exchange rate of the Mexican Peso fluctuates with market demand and supply, and is affected by various economic factors, including inflation rates, interest rates, and political stability.

## Conclusion
The Mexican Peso is not just a currency, but a significant part of Mexico's history and culture. Its fluctuation can be an indicator of the economic condition in the country.