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HedgeTrade to Mexican Peso Converter and calculator

Convert 1HedgeTrade (HEDG) to Mexican Peso (MXN) equals $ 0.1181 | Bitget
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Last updated 2024/12/22 14:37:46 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of HedgeTrade(HEDG) to Mexican Peso(MXN). This is the real-time data. The current conversion shows 1 HEDG at a value of 1 HEDG for 0.12 MXN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

MXN information

About the Mexican Peso (MXN)

What Is the Mexican Peso (MXN)?

The Mexican Peso (MXN) is the official currency of Mexico. It is abbreviated as MXN and often represented by the symbol $ or Mex$. Originating from the Spanish dollar between the 15th and 19th centuries, the peso has evolved from a regional currency to a potent global financial instrument. The Mexican Peso is the sole legal tender in Mexico, and it is used for all transactions within the country.

The Mexican Peso is issued by the Bank of Mexico (Banco de México), which is the central bank of Mexico. Established in 1925, the Bank of Mexico is responsible for regulating the country's monetary policy, including the issuance and circulation of the national currency, the Mexican Peso (MXN). The central bank's responsibilities also encompass managing Mexico's currency reserves, controlling inflation, and ensuring the stability of the financial system.

What Is the History of MXN?

The peso's history is deeply intertwined with Spain's official currency, the "real," minted in silver. The term "peso," meaning "weight," referred to the silver weight of the currency. The most common denomination was the silver 8-real coin, which remained in circulation until the mid-19th century. Mexico's transition to paper money began in the early 20th century, with the Bank of Mexico established in 1925 to control currency circulation, exchange rates, and interest rates.

The 1980s were marked by hyperinflation and currency devaluation, leading to the introduction of the "Nuevo Peso" in 1993, valued at 1,000 old pesos. This change was a response to the economic challenges Mexico faced, including the impact of the 1970s oil crisis.

Notes and Coins of MXN

The Mexican Peso includes a diverse range of banknotes and coins, each showcasing the nation's rich history and culture. The banknotes feature prominent figures and landmarks, with denominations of 20, 50, 100, 200, 500, and 1000 Pesos. The coins, which come in denominations of 5, 10, 20, and 50 centavos, and 1, 2, 5, 10, and 20 Pesos, display Mexico's national emblem and other cultural symbols.

Global Standing

As of recent years, the Mexican Peso has become one of the most traded currencies in the world and is the most traded currency in Latin America. Its value and exchange rates are influenced by various factors, including Mexico's economic policies, global market sentiments, and its relationship with major economies like the United States.

Can You Use MXN in Other Countries?

The Mexican Peso, while primarily used within Mexico, may occasionally be accepted in certain areas outside the country, particularly in US border towns and some tourist destinations in the Caribbean or Central America, due to high cross-border traffic or tourism. However, its acceptance is limited and not a standard practice.

What Is the Relationship Between MXN and the United States?

The Mexican Peso's relationship with the United States is complex and deeply interwoven, primarily driven by extensive trade ties underpinned by the United States-Mexico-Canada Agreement (USMCA). As Mexico's largest trading partner, economic fluctuations and policy changes in the U.S. significantly impact the Peso's value. This interdependency is further highlighted by the substantial remittances sent from Mexican nationals working in the U.S., which form a crucial part of Mexico's economy. Additionally, the U.S. is a key source of foreign direct investment in Mexico, making the Peso sensitive to shifts in U.S. investor sentiment and monetary policy. Political decisions, especially regarding trade and immigration, also play a pivotal role in shaping the Peso's strength. Consequently, the Peso often reacts to economic developments and policy alterations in the U.S., reflecting the intricate economic and financial symbiosis between the two neighboring countries.

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Bitget crypto-to-fiat exchange data shows that the most popular HedgeTrade currency pair is the HEDG to MXN, with for HedgeTrade's currency code being HEDG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MXN.

HEDG to MXN conversion rate trend

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Live HedgeTrade (HEDG) price chart
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In the past 1D, HedgeTrade has changed +117.91% to MXN. Based on the trend and price charts, HedgeTrade(HEDG) has changed +117.91% to MXN while Mexican Peso(MXN) has changed -54.11% to HEDG in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$0.1181
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/22 08:34:22(UTC+0)

How to buy HedgeTrade

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Buy HedgeTrade (HEDG)
Use a variety of payment options to buy HedgeTrade on Bitget. We'll show you how.

Buy HEDG (or USDT) for MXN (Mexican Peso) offers

Bitget P2P trading does not currently support direct buying of HEDG with MXN. However, you can buy USDT in Bitget P2P trading first, and then buy HEDG with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell HEDG (or USDT) for MXN (Mexican Peso) offers

Bitget P2P trading currently does not support direct selling of HEDG to MXN. However, you can first exchange HEDG for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of HedgeTrade to Mexican Peso?

HedgeTrade to Mexican Peso is rising this week.
HedgeTrade's current market price is $ 0.1181 per HEDG, with a total market cap of $ 0 MXN based on a circulating supply of -- HEDG. The trading volume of HedgeTrade has changed by +0.97% ($ 14.71 MXN) in the last 24 hours. Last trading day, HEDG's trading volume was $ 1,514.09.
Market cap
$0
24h volume
$76.13033052
Circulating supply
0 HEDG

Conversion tables

The exchange rate of HedgeTrade is increasing.
1 HEDG is currently valued at $ 0.1181 MXN , which means buying 5 HEDG will cost $ 0.5907 MXN . Similarly, $1 MXN can be traded for 8.46 HEDG, and $50 MXN can be converted to 423.24 HEDG, excluding any platform or gas fees.
The exchange rate of 1 HEDG to Mexican Peso has changed by +123.42% in the last 7 days. In the last 24 hours, the rate has fluctuated by +117.91%, reaching a high of 0.4726 MXN and a low of 0.1459 MXN . One month ago, the value of 1 HEDG was $ 0.01337 MXN , which represents a +46.86% change from its current value. Over the last year, HedgeTrade has changed by
-$
0.1724MXN
, resulting in a change of -34.43% in its value.

HEDG to MXN

Amount
14:37 today
0.5 HEDG
$0.05907
1 HEDG
$0.1181
5 HEDG
$0.5907
10 HEDG
$1.18
50 HEDG
$5.91
100 HEDG
$11.81
500 HEDG
$59.07
1000 HEDG
$118.14

MXN to HEDG

Amount14:37 today
0.5MXN4.23  HEDG
1MXN8.46  HEDG
5MXN42.32  HEDG
10MXN84.65  HEDG
50MXN423.24  HEDG
100MXN846.48  HEDG
500MXN4,232.39  HEDG
1000MXN8,464.77  HEDG

Today vs. 24 hours ago

Amount14:37 today24 hours ago24h change
0.5 HEDG$0.002941$-0.001482
+117.91%
1 HEDG$0.005883$-0.002964
+117.91%
5 HEDG$0.02941$-0.01482
+117.91%
10 HEDG$0.05883$-0.02964
+117.91%
50 HEDG$0.2941$-0.1482
+117.91%
100 HEDG$0.5883$-0.2964
+117.91%
500 HEDG$2.94$-1.4822
+117.91%
1000 HEDG$5.88$-2.9643
+117.91%

Today vs. 1 month ago

Amount14:37 today1 month ago1M change
0.5 HEDG$0.002941$0.0003329
+46.86%
1 HEDG$0.005883$0.0006659
+46.86%
5 HEDG$0.02941$0.003329
+46.86%
10 HEDG$0.05883$0.006659
+46.86%
50 HEDG$0.2941$0.03329
+46.86%
100 HEDG$0.5883$0.06659
+46.86%
500 HEDG$2.94$0.3329
+46.86%
1000 HEDG$5.88$0.6659
+46.86%

Today vs. 1 year ago

Amount14:37 today1 year ago1Y change
0.5 HEDG$0.002941$0.007234
-34.43%
1 HEDG$0.005883$0.01447
-34.43%
5 HEDG$0.02941$0.07234
-34.43%
10 HEDG$0.05883$0.1447
-34.43%
50 HEDG$0.2941$0.7234
-34.43%
100 HEDG$0.5883$1.45
-34.43%
500 HEDG$2.94$7.23
-34.43%
1000 HEDG$5.88$14.47
-34.43%

HedgeTrade price prediction

What will the price of HEDG be in 2025?

Based on HEDG's historical price performance prediction model, the price of HEDG is projected to reach $0.009727 in 2025.

What will the price of HEDG be in 2030?

In 2030, the HEDG price is expected to change by +8.00%. By the end of 2030, the HEDG price is projected to reach $0.02589, with a cumulative ROI of +340.14%.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.