The Family Tree of Money
← Locate on the map
Currency history

Mexican peso

Dates in use
Still in use; introduction date not established here
Currency code
MXN
Ancestry branch
Spanish real / peso

Its place in the family

All ancestors and descendants ↗
Mexican peso: documented and qualified family connections PARENTS THIS CURRENCY CHILDREN Spanish real / peso de a ochoSpanish real / peso de aocho 1821–1823 · QualifiedQualified connection · 1821–1823 Straits / Malayan / Malaya–British Borneo dollarStraits / Malayan /Malaya–British Borneo dollar 1903–1906 · DocumentedDocumented connection · 1903–1906 Hong Kong dollarHong Kong dollar 1863–1866 · QualifiedQualified connection · 1863–1866 Philippine peso, twentieth-century reform lineagePhilippine peso,twentieth-century reformlineage 1904 · DocumentedLater contribution or absorptionDocumented connection · 1904 Mexican pesoMexican peso MXN

The diagram shows up to three parents and three children. Every direct connection is listed below.

Parents 1

Mexican peso

This currency

Children 5

Show 2 more children
Trace its ancestry backward
Explore all incoming and outgoing connections →

The story

Banxico says the 1823 Republic retained reales and escudos while changing coin designs. [1]

Banxico describes decimal coinage in 1869–1905, with interruptions, and a gold-standard reform in 1905. [2]

Mexico introduced one new peso for 1,000 old pesos on January 1, 1993; dropping “new” in 1996 did not repeat the conversion. [3]

Turning points

Redenominated as

1993 scale change. [3]

Sources and evidence

  1. Banco de México · History of Mexican Currency
  2. Banco de México · History of Mexican Currency
  3. Banco de México, archive blog · A 30 años de la introducción del nuevo peso

Open the complete research record →

Full claims, evidence coverage, corrections and earlier interpretations are kept separately.

Cite this page

“Mexican peso.” The Family Tree of Money. © Field Technologies, Inc. Updated 2026-10-13; data version v44. https://familytreeofmoney.org/currency/T-FTM000478.html

Editorial evidence supplement · Download the research data

Find a currency