What is the peso to the dollar?

The currency peg was dropped leading to an almost instant decline in the value of the peso to about 7 pesos to the US dollar. In the 20 years since then, the Mexican peso has steadily lost value to the US dollar due to a persistent current account deficit. The exchange rate is now at 13 pesos to the US dollar. read more

The U.S. dollar is the official currency of East Timor, Ecuador, El Salvador, the Federated States of Micronesia, the Marshall Islands, Palau, the Caribbean Netherlands, and for banknotes, Panama. Generally, one dollar is divided into one hundred cents. read more

In 1944, the U.S. dollar became the global or world currency. Calls to replace it have failed because its the most widely traded currency. But that's changing. read more