Mexican peso arab emirates dirham exchange rate history (MXN AED) December 2023

Mexican peso arab emirates dirham history for December 2023. The highest quote for this month is 0.21693 (28/12/2023) and the lowest 0.21795 (28/12/2023). The difference between high and low is -0.47.

MXN AED average rate for December 2023 is 0.21382, the change between 01/12/2023 and 31/12/2023 is -2.46 %.

01 December 2023	1 MXN = 0.2113 AED
02 December 2023	1 MXN = 0.2139 AED
03 December 2023	1 MXN = 0.2139 AED
04 December 2023	1 MXN = 0.2136 AED
05 December 2023	1 MXN = 0.2104 AED
06 December 2023	1 MXN = 0.2115 AED
07 December 2023	1 MXN = 0.2124 AED
08 December 2023	1 MXN = 0.2101 AED
10 December 2023	1 MXN = 0.2119 AED
11 December 2023	1 MXN = 0.2117 AED
12 December 2023	1 MXN = 0.2114 AED
13 December 2023	1 MXN = 0.2122 AED
14 December 2023	1 MXN = 0.2127 AED
15 December 2023	1 MXN = 0.2136 AED
16 December 2023	1 MXN = 0.2135 AED
17 December 2023	1 MXN = 0.2130 AED
18 December 2023	1 MXN = 0.2132 AED
19 December 2023	1 MXN = 0.2139 AED
20 December 2023	1 MXN = 0.2152 AED
21 December 2023	1 MXN = 0.2143 AED
22 December 2023	1 MXN = 0.2156 AED
23 December 2023	1 MXN = 0.2164 AED
24 December 2023	1 MXN = 0.2161 AED
25 December 2023	1 MXN = 0.2163 AED
26 December 2023	1 MXN = 0.2163 AED
27 December 2023	1 MXN = 0.2164 AED
28 December 2023	1 MXN = 0.2171 AED
29 December 2023	1 MXN = 0.2167 AED
31 December 2023	1 MXN = 0.2165 AED

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

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.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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).

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

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.

Historic Mexican peso Arab Emirates Dirham