In analyzing the currency pair MXN/EUR, we proceed to compare the price of MXN with the price of EUR so right now we can say you could get a MXN with 0.05043 EUR.
Going into terminology, in this case MXN is the transaction currency or base currency having on the other side the counter currency or quote currency which in this case is EUR.
We are going to see the progress of this currency pair in the last hours since the minimum value that has been found has been 0.05036 and the maximum of 0.05063 And thanks to this observation, we conclude a variation of -0.00034 or, in other words, with a percentage variation of -0.67000%.