Mexican unidad de inversión

From Wikipedia, the free encyclopedia
  (Redirected from Mexican Unidad de Inversion)
Jump to: navigation, search
"MXV" redirects here. For the Roman numeral, see 1015.

The Mexican Unidad de Inversion (ISO 4217 code MXV) is an index unit of funds used in Mexico. It can be traded in many currency markets because its value changes with respect to currencies. Unlike currencies, it is designed to retain its purchasing power and not be subject to inflation. The Mexican credit system (especially mortgages) uses the UDI rather than the peso because of its stability.[1]

References[edit]

  1. ^ ExchangeRate.com. Accessed April 29, 2012.