MXN

DEFINITION of 'MXN'

In the currency market, this is the abbreviation for the Mexican peso.

BREAKING DOWN 'MXN'

The currency market, also known as the foreign exchange market, or forex, is the largest financial market in the world, with a daily average volume of over US$1 trillion.

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    The forex market is the largest market in the world. According to the Triennial Central Bank Survey conducted by the Bank ... Read Answer >>
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    Foreign exchange, or Forex, is the conversion of one country's currency into that of another. In a free economy, a country's ... Read Answer >>
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    The foreign exchange market, or forex, is the market in which the currencies of the world are traded by governments, banks, ... Read Answer >>
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    International currency exchange rates display how much one unit of a currency can be exchanged for another currency. Currency ... Read Answer >>
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