The currency in Mexico is the Mexican peso, abbreviated as "MXN" and symbolized by "$." The peso has a long history, being first established in the colonial period and transitioning through various forms over the years. Currently, the Mexican peso is available in both coins and banknotes, with denominations ranging from small amounts to significant values. The peso is crucial for everyday transactions in Mexico and is important for trade with other countries. Its value against other currencies can fluctuate, influenced by economic conditions and market dynamics in Mexico and beyond.