MXN to BWP
Currency conversion rates from MXN to BWP
|1 MXN||1 BWP|
|5 MXN||5 BWP|
|10 MXN||10 BWP|
|20 MXN||20 BWP|
|50 MXN||50 BWP|
|100 MXN||100 BWP|
|250 MXN||250 BWP|
|500 MXN||500 BWP|
|1000 MXN||1000 BWP|
|2000 MXN||2000 BWP|
|5000 MXN||5000 BWP|
|10000 MXN||10000 BWP|
|1 BWP||1 MXN|
|5 BWP||5 MXN|
|10 BWP||10 MXN|
|20 BWP||20 MXN|
|50 BWP||50 MXN|
|100 BWP||100 MXN|
|250 BWP||250 MXN|
|500 BWP||500 MXN|
|1000 BWP||1000 MXN|
|2000 BWP||2000 MXN|
|5000 BWP||5000 MXN|
|10000 BWP||10000 MXN|
BWP - Botswanan Pula (BWP)
The official currency of Botswana is the Botswana Pula (BWP). The Pula is divided into 100 thebe. The symbol for the Pula is P. The Pula is rated as one of the strongest currencies in Africa.
The Botswana Pula is the currency in Botswana (BW, BWA). The symbol for BWP can be written P. The Botswana Pula is divided into 100 thebe. The exchange rate for the Botswana Pula was last updated on Today from The International Monetary Fund. The BWP conversion factor has 6 significant digits.
- From 1966 to 1999 Botswana had the highest growth rate in the world. The estimated growth rate during that time period was 9%.
- Botswana has been maintaining budget surpluses and they have a large foreign exchange reserve.
- The mining industry plays an important part in the economic growth and accounts for 36% of the GDP.
- Agriculture in the country is low and accounts for only 1% of the total GDP.
- Top industries are textiles, salt, diamonds, soda ash, nickel, potash, livestock processing, and copper.
- Export products are soda ash, textiles, meat, copper, diamonds, and nickel.
- The top export product of Botswana is diamonds.
- Import products are electrical goods, textiles, paper products, wood, petroleum and fuel products, machinery, and foodstuffs.
- Unemployment is estimated at 7%.
- Botswana’s military expenditures are considered high and are criticized by the international market.
- 70% of the country’s electricity is imported from South Africa.
- In 1976, the Pula was introduced to replace the South African Rand. Banknotes were printed in denominations of 10, 5, 2, and 1 Pula.
- In 1978, the first 20-pula note was introduced.
- From 1991 to 1994, the 1-pula banknotes and 2-pula banknotes were replaced by coins.
- In 2000, the 5-pula banknote was replaced with a coin. The original banknotes were discontinued and are no longer part of the currency.
- In 2009, the latest Pula notes were introduced and the first 200-pula note was introduced.
MXN - Mexican Peso (Mex$)
The Mexican peso is the currency of Mexico. Its currency code is MXN and its symbol is $. To distinguish it from other currencies using the $ symbol, the peso is sometimes written as M$, MX$, or MEX$. The symbol MXN replaced the former symbol, MXP. The peso has a conversion factor of 6 significant digits, and is fiat currency. The most popular peso exchange is with the US dollar.
The Mexican Peso was initially based on Spain’s official currency, which is the silver dollar. The Mexican name originated from the 8-real coins that were issued by Spain for Mexico, which were cast from pure silver. It was the first currency to use a discrete border and accurate weight to guard against counterfeits, which made it very popular.
The Mexican Peso is the currency in Mexico (MX, MEX). The symbol for MXN can be written Mex$. The Mexican Peso is divided into 100 centavos. The exchange rate for the Mexican Peso was last updated on Today from The International Monetary Fund. The MXN conversion factor has 6 significant digits.
- The Mexican economy is supported by the private sector. And its economy was based on manufacturing, though agricultural sector went down, it was still considered the source of employment.
- The Mexican economy went from a deep transformation since 1980s, which is a result of economic laissez-faire and becoming a member of the North American Free-Trade Agreement.
- In 2003, mining reached a GDP of 1.4%, yet it devalues the significance of oil production in the economy. Oil exports symbolized 11.3% of the entire export earning of the country.
- In the late 18th century, the Mexican Peso was used as a benchmark for all North American countries. On July 6, 1785, the US Dollar was valued at a rate comparable to the Peso, and was widely used as currency in the United States well after USD bills were introduced.
- After gaining independence from Spain in 1821, Mexico continued to use the Peso as its currency.
- In 1863, the first centavo coins were issued; a centavo was one-hundredth of a Peso. Another series of 1 peso coins was issued the following year until 1897.
- In 1905, the value of golden Peso was reduced to 49.3%, but the silver Peso remained unchanged.
- After the Oil Crisis of the 1970s, Mexico faced many years of inflation and debt defaults, leading to the replacement of the currency with the Nuevo Peso. The Nuevo Peso was valued at 1000 Mexican Pesos.