Since 1 Mexican Peso is equal to 0.0724097443971 Australian Dollars, we could say that n Mexican Pesos are equal to 0.0724097443971 times n Australian Dollars. In other words, we could use the following formula:
Australian Dollars = Mexican Pesos x 0.0724097443971
For example, let's say that we want to convert 2 Mexican Pesos to Australian Dollars. Then, we just replace Mexican Pesos in the abovementioned formula with 2:
Australian Dollars = 2 x 0.0724097443971
That is, 2 Mexican Pesos are equal to 0.144819488794 Australian Dollars.