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SOMM to MXN Converter and calculator

SOMM/MXN: 1 SOMM = 0.02398 MXN. The price of converting 1 Sommelier (SOMM) to Mexican peso (MXN) is 0.02398 MXN today.
SOMM
SOMM
MXN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SOMM to MXN real-time exchange rates, making it easy to convert Sommelier (SOMM) to Mexican peso (MXN). The conversion result is based on real-time data. The conversion result shows that 1 SOMM is currently valued at 0.02398 MXN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SOMM is currently valued at 0.02398 MXN, which means buying 5 SOMM would cost 0.1199 MXN. Similarly, Mex$1 MXN can be converted to 41.7 SOMM, and Mex$50 MXN can be converted to 208.51 SOMM, excluding any platform or gas fees.

Convert SOMM to MXN

Convert MXN to SOMM

Sommelier
Mexican peso
10000 SOMM
239.79  MXN
In the table above, you'll find a comprehensive SOMM to MXN converter that shows the value of Sommelier in Mexican peso across commonly used conversion amounts. The list covers conversions from 1 SOMM to MXN, all the way up to 10000 SOMM, providing a clear view of their respective values.
Mexican peso
Sommelier
1000 MXN
41,702.85 SOMM
5000 MXN
208,514.26 SOMM
10000 MXN
417,028.52 SOMM
50000 MXN
2,085,142.59 SOMM
100000 MXN
4,170,285.17 SOMM
In the table above, you'll find a comprehensive MXN to SOMM converter that shows the value of Mexican peso in Sommelier across commonly used conversion amounts. The list covers conversions from 1 MXN to SOMM, all the way up to 100000 MXN, providing a clear view of their respective values.

SOMM to MXN chart

SOMM/MXN: 1 SOMM = 0.02398 MXN; 2025/06/22 11:25:37
In the past 1D, Sommelier has changed -5.70% to MXN. Based on the trend and price charts, Sommelier(SOMM) has changed -5.70% to MXN while Mexican peso(MXN) has changed % to SOMM in the last 24 hours.
1D7D1M3M1YAll

SOMM to MXN conversion data: Volatility and price changes of Sommelier in MXN

The highest Sommelier price in MXN over the past 7 days was 0.02737 MXN while the lowest Sommelier price in MXN over the past 7 days was 0.01713 MXN. The relative change between the highs and lows in Sommelier price in MXN over the last 7 days indicates a volatility of %. You can view additional volatility data and SOMM to MXN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.02548 MXN
0.02737 MXN
0.1141 MXN
0.1624 MXN
Low
0.02398 MXN
0.01713 MXN
0.01555 MXN
0.01555 MXN
Average
0 MXN
0 MXN
0 MXN
0 MXN
Volatility
%
%
%
%
Change
-5.70%
+23.32%
-27.37%
-79.60%

Sommelier information

SOMM to MXN market statistics

SOMM/MXN:
Mex$0.02398
SOMM 24h volume:
Mex$510.09
SOMM market cap:
--
SOMM circulating supply:
0 SOMM

Current SOMM to MXN exchange rate

Sommelier to Mexican peso is rising this week.
Sommelier's current market price is Mex$0.02398 per SOMM, with a total market cap of Mex$0 MXN based on a circulating supply of -- SOMM. The trading volume of Sommelier has changed by -71.63% (Mex$-1,287.78 MXN) in the last 24 hours. Last trading day, SOMM's trading volume was Mex$1,797.87.

More info about Sommelier on Bitget

Mexican peso 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.

Bitget crypto-to-fiat exchange data shows that the most popular Sommelier currency pair is the SOMM to MXN, with for Sommelier's currency code being SOMM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MXN.

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How to convert SOMM to MXN

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SOMM to MXN Conversion tables

The exchange rate of Sommelier is decreasing.
The exchange rate of 1 SOMM to Mexican peso has changed by +23.32% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.70%, reaching a high of 0.02548 MXN and a low of 0.02398 MXN . One month ago, the value of 1 SOMM was Mex$0.03301 MXN , which represents a -27.37% change from its current value. Over the last year, Sommelier has changed by
-Mex$
0.7133MXN
, resulting in a change of -96.75% in its value.
24 hours ago1 month ago1 year ago
Amount 11:25 am today 24 hours ago 24h change
0.5 SOMM
Mex$0.01199Mex$0.01271
-5.70%
1 SOMM
Mex$0.02398Mex$0.02543
-5.70%
5 SOMM
Mex$0.1199Mex$0.1271
-5.70%
10 SOMM
Mex$0.2398Mex$0.2543
-5.70%
50 SOMM
Mex$1.2Mex$1.27
-5.70%
100 SOMM
Mex$2.4Mex$2.54
-5.70%
500 SOMM
Mex$11.99Mex$12.71
-5.70%
1000 SOMM
Mex$23.98Mex$25.43
-5.70%

SOMM to MXN FAQ

How much is 1 Sommelier in MXN?
Right now, the price of 1 Sommelier (SOMM) in Mexican peso (MXN) is Mex$0.02398.
How much SOMM can I buy for 1 MXN?
Based on the current exchange rate, you can get 41.7 SOMM for 1 MXN.
How do I calculate or convert SOMM to MXN?
You can use our SOMM to MXN calculator at the top of this page to convert any amount of SOMM to MXN. We've also included quick-reference tables for the most popular conversions. For example, 5 MXN is equivalent to 208.51 SOMM, while 5 SOMM will cost around 0.1199MXN.
What is the highest price of SOMM/MXN in history?
The all-time high price of 1 SOMM in MXN is Mex$7.98. It remains to be seen if the value of 1 SOMM/MXN will exceed the current all-time high.
What is the price trend of Sommelier in MXN?
Over the past 7 days, the exchange rate of Sommelier (SOMM) has gone up by 23.32%.   Over the last month, the exchange rate of Sommelier (SOMM) has gone down by 27.37% against Mexican peso (MXN).

What factors influence the conversion rate of SOMM to MXN?

There are many factors that affect the relationship between Sommelier and Mexican peso, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of SOMM/MXN. When there is positive news in the market about the widespread adoption of SOMM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SOMM/MXN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SOMM/MXN.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of SOMM/MXN. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Sommelier and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Sommelier currency pairs: SOMM to US Dollar (USD), SOMM to Euro (EUR), SOMM to Pound Sterling (GBP), SOMM to Canadian Dollar (CAD), SOMM to Indian Rupee (INR), SOMM to Pakistani Rupee (PKR), SOMM to Brazilian Real (BRL), SOMM to…
The price of Sommelier in the US is $0.001251 USD. Additionally, Sommelier’s price is €0.001085 EUR in the eurozone, £0.0009293 GBP in the UK, C$0.001717 CAD in Canada, ₹0.1083 INR in India, ₨0.3551 PKR in Pakistan, R$0.006894 BRL in Brazil, and more.
The most popular Sommelier currency pair is the SOMM to Mexican peso(MXN). The price of 1 Sommelier (SOMM) in Mexican peso (MXN) is Mex$0.02398.

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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.