Convert 16 Mexican Peso (MXN) to Brazilian Real (BRL)
Exchange rates used for currency conversion updated on December 18th 2024 ( 12/18/2024 )
Below you will find the latest exchange rates for exchanging Mexican Peso (MXN) to Brazilian Real (BRL) , a table containing most common conversions and a chart with the pair's evolution.
The Mexican Peso (MXN) to Brazilian Real (BRL) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Mexican Peso and Brazilian Real on 12/18/2024 is 1 MXN = 0.3057 BRL - AVERAGE intraday quotes were used for this currency conversion.
The national currency in Mexico is the peso. Pesos are available in denominations of 10, 12, 50, 100, 200 and 500 with each denomination slightly different to enable consumers to easily identify them. Tourists can exchange foreign currency for pesos at most banks and at the Bureaux de Change or visit an ATM to withdraw pesos from an out of country bank.
About Brazilian Real (BRL)
The Brazilian real is symbolized with the R$ sign. Each real, plural reais, is divided into 100 centavos. The Central Bank of Brazil focuses on price stability with monetary policy and uses the USD as their reserve currency.
The BRL is available in banknotes valued at R$2, R$5, R$10, R$20, R$50, R$100 and coins valued at 5, 10, 25, 50 centavos, R$1. Both the R$1 banknote and 1 centavo coin were discontinued in 2006, though both remain in use as legal tender.
