The Mexican Peso was the first currency in the world to use the dollar sign ($ its sign, "$". The Mexican peso is the 12th most traded currency in the world, the third most traded in the Americas, and by far the most traded currency in Latin America.
The peso is subdivided into 100 centavos, represented by "¢". The name was originally used in reference to pesos oro (gold weights) or pesos plata (silver weights). The literal English translation of the Spanish word peso is weight
This article is about the official currency of Mexico. For other currencies with the name Peso, see Peso (disambiguation).