Historic Canadian dollar Mexican peso

Canadian dollar mexican peso history for July 2023. The highest quote for this month is 12.993 (07/07/2023) and the lowest 12.878 (03/07/2023). The difference between high and low is 0.89.

CAD MXN average rate for July 2023 is 12.797, the change between 01/07/2023 and 31/07/2023 is +2.58 %.

03 July 20231 CAD = 12.92 MXN
04 July 20231 CAD = 12.87 MXN
05 July 20231 CAD = 12.88 MXN
06 July 20231 CAD = 12.80 MXN
07 July 20231 CAD = 12.89 MXN
10 July 20231 CAD = 12.91 MXN
11 July 20231 CAD = 12.84 MXN
12 July 20231 CAD = 12.87 MXN
13 July 20231 CAD = 12.82 MXN
14 July 20231 CAD = 12.85 MXN
17 July 20231 CAD = 12.66 MXN
18 July 20231 CAD = 12.66 MXN
19 July 20231 CAD = 12.72 MXN
20 July 20231 CAD = 12.70 MXN
21 July 20231 CAD = 12.80 MXN
24 July 20231 CAD = 12.84 MXN
25 July 20231 CAD = 12.77 MXN
26 July 20231 CAD = 12.84 MXN
27 July 20231 CAD = 12.77 MXN
28 July 20231 CAD = 12.74 MXN
31 July 20231 CAD = 12.59 MXN

07/11/2013: Change in banknote design and security features

The Bank of Canada introduced new polymer banknotes with enhanced security features and redesigned motifs, replacing the paper-based notes in circulation since 1935.

20/06/2012: Mexican Peso Becomes the Most Traded Emerging Market Currency

The Mexican peso surpassed the Brazilian real to become the most traded currency among emerging markets, reflecting Mexico's growing economic importance.

01/01/2003: Introduction of the New Peso Symbol

The Mexican peso adopted a new symbol, replacing the old symbol (₱) with a capital 'P' with double horizontal lines (MXN) to symbolize the currency.

20/12/1994: Tequila Crisis

Mexico experienced a severe economic crisis and an abrupt devaluation of the peso as a result of the devaluation of the Thai baht, causing investors to flee emerging markets.

01/01/1993: Implementation of the North American Free Trade Agreement (NAFTA)

NAFTA came into effect, promoting trade and investment between Mexico, the United States, and Canada, leading to increased stability and growth in the Mexican economy.

06/07/1988: Introduction of the New Peso

Due to hyperinflation and currency devaluation, Mexico introduced a new currency, called the New Peso, where 1000 old pesos were replaced by 1 new peso.

12/08/1982: Mexican Debt Crisis

Mexico defaulted on its external debt, leading to a sharp devaluation of the peso and a severe economic crisis, requiring an emergency loan from the International Monetary Fund (IMF).

15/08/1971: Canada switches to a floating exchange rate

Canada abandoned its fixed exchange rate system and adopted a floating exchange rate, allowing the value of the Canadian dollar to fluctuate in response to market forces.

13/08/1970: Devaluation of the Peso

In response to global inflation, the Mexican government devalued the peso by 20% against the US dollar, leading to economic instability and a decline in purchasing power.

01/03/1950: Introduction of the Canadian dollar's decimalization

Canada adopted a decimal currency system, dividing the dollar into 100 cents, replacing the previous system based on pounds, shillings, and pence.

01/01/1933: Currency depreciation during the Great Depression

The Canadian dollar experienced significant depreciation during the Great Depression due to economic uncertainty and a decrease in international trade.

02/01/1914: Introduction of the Canadian Dollar Act

The Canadian Dollar Act established the Canadian dollar as the sole currency of Canada and gave the government control over its issuance.

01/01/1858: Introduction of the Canadian dollar

The Canadian pound was replaced by the Canadian dollar as the official currency of Canada, helping to unify the currency across the country.

01/01/1841: Introduction of the Canadian pound

The first Canadian currency was the Canadian pound, which was introduced to replace British pounds in the Province of Canada.