Historic Mexican peso Moldovan Leu

Mexican peso moldovan leu history for March 2024. The highest quote for this month is 1.0441 (12/03/2024) and the lowest 1.0465 (10/03/2024). The difference between high and low is -0.23.

MXN MDL average rate for March 2024 is 1.03387, the change between 01/03/2024 and 31/03/2024 is -1.33 %.

01 March 20241 MXN = 1.027 MDL
03 March 20241 MXN = 1.037 MDL
04 March 20241 MXN = 1.025 MDL
05 March 20241 MXN = 1.030 MDL
06 March 20241 MXN = 1.034 MDL
07 March 20241 MXN = 1.035 MDL
08 March 20241 MXN = 1.031 MDL
10 March 20241 MXN = 1.046 MDL
11 March 20241 MXN = 1.032 MDL
12 March 20241 MXN = 1.041 MDL

04/06/2018: Introduction of New Banknotes

Moldova introduced a new series of banknotes with enhanced security features to combat counterfeiting.

01/07/2015: Currency Pegged to Euro

Moldova pegged its currency, the Leu, to the Euro at a fixed exchange rate to stabilize the economy and attract foreign investment.

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.

10/05/2010: Euro as Legal Tender

Moldova adopted the Euro as its official currency, though it is not a member of the Eurozone.

29/04/2009: Revaluation

Moldova carried out a currency revaluation, changing the exchange rate from 10,000 old Lei to 1 new Leu.

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.

29/10/1999: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Moldova, increasing security and durability of 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.

29/05/1994: Redenomination

Moldova underwent a redenomination process, where 1000 old Lei were exchanged for 1 new Leu to combat hyperinflation.

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.

26/11/1992: Declaration of Independence

The Moldovan Leu was introduced as the official currency of Moldova after the country declared independence from the Soviet Union.

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).

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.