Historic Somali shilling Mexican peso

Somali shilling mexican peso history for August 2023. The highest quote for this month is 0.030783 (04/08/2023) and the lowest 0.030195 (17/08/2023). The difference between high and low is 1.91.

SOS MXN average rate for August 2023 is 0.03001, the change between 01/08/2023 and 31/08/2023 is -0.11 %.

01 August 20231 SOS = 0.0296 MXN
02 August 20231 SOS = 0.0299 MXN
03 August 20231 SOS = 0.0301 MXN
04 August 20231 SOS = 0.0306 MXN
07 August 20231 SOS = 0.0302 MXN
08 August 20231 SOS = 0.0302 MXN
09 August 20231 SOS = 0.0302 MXN
10 August 20231 SOS = 0.0301 MXN
11 August 20231 SOS = 0.0302 MXN
14 August 20231 SOS = 0.0300 MXN
15 August 20231 SOS = 0.0301 MXN
16 August 20231 SOS = 0.0303 MXN
17 August 20231 SOS = 0.0303 MXN
18 August 20231 SOS = 0.0303 MXN
21 August 20231 SOS = 0.0301 MXN
22 August 20231 SOS = 0.0301 MXN
23 August 20231 SOS = 0.0299 MXN
24 August 20231 SOS = 0.0297 MXN
25 August 20231 SOS = 0.0298 MXN
28 August 20231 SOS = 0.0296 MXN
29 August 20231 SOS = 0.0297 MXN
30 August 20231 SOS = 0.0297 MXN
31 August 20231 SOS = 0.0297 MXN

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).

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.