Indian Rupee to Mexican Peso

The Indian rupee (international symbol s:₹ , Re, Rs (plural), code: INR, number: 356) is the currency used not only in India, but also in the neighboring Bhutan. 1 rupee is divided into 100 paisa. The name rupee for local currency has been in use since the 16th century.

For a long time there were several types of currency units operating in the country. A single rupee throughout the country was introduced in 1835 at the time when India was a colony of Great Britain.

The Mexican peso (symbol: $, code: MXN, number: 484 ) is the currency of Mexico. It is divided into 100 centavos. The name "peso" was first used to denote Mexican money in 1863.

During the denomination of 1993 the old pesos were exchanged for new ones at a rate of 1000:1. The currency is accepted in the country on the par with the US dollar. To avoid any confusion, the symbol of the national currency is written as an S with one vertical trait, whilst the US dollar - with two. Symbol “ $” happened to be first used to denote the peso and not the USD.