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Ondo to Mexican Peso Converter and calculator

Convert 1Ondo (ONDO) to Mexican Peso (MXN) equals $ 20.15 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Ondo(ONDO) to Mexican Peso(MXN). This is the real-time data. The current conversion shows 1 ONDO at a value of 1 ONDO for 20.15 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 Ondo currency pair is the ONDO to MXN, with for Ondo's currency code being ONDO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MXN.

ONDO to MXN conversion rate trend

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In the past 1D, Ondo has changed -1.23% to MXN. Based on the trend and price charts, Ondo(ONDO) has changed -1.23% to MXN while Mexican Peso(MXN) has changed % to ONDO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$20.19
0.0001% / 0.0004%vip-iconVIP
Huobi
$20.16
0.1000% / 0.1000%
Yes
Gate.io
$20.18
0.1000% / 0.1000%
Yes
Bybit
$20.2
0.1000% / 0.1000%
Yes
KuCoin
$20.19
0.1000% / 0.1000%
Yes
Last updated 2024/05/29 13:00:14(UTC+0)

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What factors influence the conversion rate of Ondo to Mexican Peso?

Ondo to Mexican Peso is rising this week.
Ondo's current market price is $ 20.15 per ONDO, with a total market cap of $ 27,998,340,437.36 MXN based on a circulating supply of 1,389,759,900 ONDO. The trading volume of Ondo has changed by -7.76% ($ -299,342,359.26 MXN) in the last 24 hours. Last trading day, ONDO's trading volume was $ 3,856,908,200.57.
Market cap
$1.66B
24h volume
$211.30M
Circulating supply
1.39B ONDO

Conversion tables

The exchange rate of Ondo is increasing.
1 ONDO is currently valued at $ 20.15 MXN , which means buying 5 ONDO will cost $ 100.73 MXN . Similarly, $1 MXN can be traded for 0.04964 ONDO, and $50 MXN can be converted to 2.48 ONDO, excluding any platform or gas fees.
The exchange rate of 1 ONDO to Mexican Peso has changed by +33.32% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.23%, reaching a high of 21.68 MXN and a low of 20.09 MXN . One month ago, the value of 1 ONDO was $ 12.86 MXN , which represents a +56.57% change from its current value. Over the last year, Ondo has changed by
+$
3.34MXN
, resulting in a change of --% in its value.

ONDO to MXN

Amount
13:02 today
0.5 ONDO
$10.07
1 ONDO
$20.15
5 ONDO
$100.73
10 ONDO
$201.46
50 ONDO
$1,007.31
100 ONDO
$2,014.62
500 ONDO
$10,073.09
1000 ONDO
$20,146.17

MXN to ONDO

Amount13:02 today
0.5MXN0.02482  ONDO
1MXN0.04964  ONDO
5MXN0.2482  ONDO
10MXN0.4964  ONDO
50MXN2.48  ONDO
100MXN4.96  ONDO
500MXN24.82  ONDO
1000MXN49.64  ONDO
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Today vs. 24 hours ago

Amount13:02 today24 hours ago24h change
0.5 ONDO$0.5983$0.6058
-1.23%
1 ONDO$1.2$1.21
-1.23%
5 ONDO$5.98$6.06
-1.23%
10 ONDO$11.97$12.12
-1.23%
50 ONDO$59.83$60.58
-1.23%
100 ONDO$119.66$121.15
-1.23%
500 ONDO$598.29$605.77
-1.23%
1000 ONDO$1,196.58$1,211.54
-1.23%

Today vs. 1 month ago

Amount13:02 today1 month ago1M change
0.5 ONDO$0.5983$0.3818
+56.57%
1 ONDO$1.2$0.7636
+56.57%
5 ONDO$5.98$3.82
+56.57%
10 ONDO$11.97$7.64
+56.57%
50 ONDO$59.83$38.18
+56.57%
100 ONDO$119.66$76.36
+56.57%
500 ONDO$598.29$381.78
+56.57%
1000 ONDO$1,196.58$763.56
+56.57%
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Today vs. 1 year ago

Amount13:02 today1 year ago1Y change
0.5 ONDO$0.5983$-0.0009720
--
1 ONDO$1.2$-0.001944
--
5 ONDO$5.98$-0.009720
--
10 ONDO$11.97$-0.01944
--
50 ONDO$59.83$-0.09720
--
100 ONDO$119.66$-0.1944
--
500 ONDO$598.29$-0.9720
--
1000 ONDO$1,196.58$-1.9441
--

Ondo price prediction

What will the price of ONDO be in 2025?

Based on ONDO's historical price performance prediction model, the price of ONDO is projected to reach -- in 2025.

What will the price of ONDO be in 2030?

In 2030, the ONDO price is expected to rise by -18.00%. By the end of 2030, the ONDO price is projected to reach --, with a cumulative ROI of 0.00%.
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Ondo and MXN.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Ondo and MXN. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Ondo in MXN, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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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.