INR/MXN: what to know
The INR/MXN rate shows how much MXN you get for 1 INR. Right now, 1 INR buys 0.1782 MXN at the mid-market rate. In the other direction, 1 MXN is worth 5.6125 INR.
In the short term INR is driven mainly by oil prices and capital flows, while MXN responds to the US economy and capital flows.
The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010. The Mexican Peso (MXN) is issued by Bank of Mexico. The Spanish-colonial peso and its “$” sign influenced the US dollar symbol.
Over the past 12 months the INR/MXN rate has ranged between 0.1767 and 0.2104 — a change of -14.99% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.