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because of all the damage they caused.

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Q: Why Did Mexico Owe The US 2 million dollars during and after the war?
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Who did Mexico owe money to during 1862?

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How much money did Mexico owe France in 1862?

Mexico owed France 1.6 million pesos in capital and 384,000 pesos in interests (1.984 million pesos in total). In present-day terms (2014) this would be USD 37.78 million and USD 9.07 million respectively, for a total debt of USD 46.84 million in current terms.This may not seem a sum of money worth a war, but you must remember the ultimate goal of France was the conquest of Mexico, and at the time, gunboat diplomacy was the order of the day.


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