how can I learn the value of american money to mexican money.?

Like we have 1 cent is a penny, 5 cents is a nickel, 10 cents is a dime etc.
Do they have 100 cents is 1 dollar, do they have 5.00 and 10.00 and 20.00 like we do. And how do I covert so I understand what each money is?? Any suggestions on how to learn about mexican money? Explain like you are talking to a first grader. This all seems so confusing.

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