Historic Taiwan dollar Mexican peso

Taiwan dollar mexican peso history for July 2023. The highest quote for this month is 0.55497 (07/07/2023) and the lowest 0.5485 (03/07/2023). The difference between high and low is 1.17.

TWD MXN average rate for July 2023 is 0.54305, the change between 01/07/2023 and 31/07/2023 is +3.21 %.

03 July 20231 TWD = 0.5497 MXN
04 July 20231 TWD = 0.5484 MXN
05 July 20231 TWD = 0.5482 MXN
06 July 20231 TWD = 0.5446 MXN
07 July 20231 TWD = 0.5501 MXN
10 July 20231 TWD = 0.5486 MXN
11 July 20231 TWD = 0.5435 MXN
12 July 20231 TWD = 0.5447 MXN
13 July 20231 TWD = 0.5445 MXN
14 July 20231 TWD = 0.5442 MXN
17 July 20231 TWD = 0.5408 MXN
18 July 20231 TWD = 0.5400 MXN
19 July 20231 TWD = 0.5421 MXN
20 July 20231 TWD = 0.5383 MXN
21 July 20231 TWD = 0.5434 MXN
24 July 20231 TWD = 0.5419 MXN
25 July 20231 TWD = 0.5376 MXN
26 July 20231 TWD = 0.5431 MXN
27 July 20231 TWD = 0.5402 MXN
28 July 20231 TWD = 0.5383 MXN
31 July 20231 TWD = 0.5320 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.

01/01/2005: New Taiwan dollar banknotes issued

New designs for Taiwan dollar banknotes are issued, featuring innovative security features and updated aesthetics to combat counterfeiting and improve the currency's image.

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.

30/04/1991: Foreign Exchange Control Act revised

Taiwan relaxes its foreign exchange controls, allowing more flexibility in the trading of the Taiwan dollar and promoting financial globalization.

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.

15/07/1987: Lifting of martial law

The martial law, which had been in place in Taiwan since 1949, is lifted, marking a significant milestone towards the democratization and liberalization of the country.

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).

16/12/1971: Taiwan's expulsion from the UN

The United Nations General Assembly recognizes the People's Republic of China as the legitimate representative of China, leading to Taiwan's expulsion from the UN and international isolation.

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.

03/03/1952: TWD pegged to the US Dollar

The Taiwan dollar is pegged to the US Dollar at a fixed exchange rate of 32 TWD to 1 USD, stabilizing its value and promoting economic growth.

10/12/1949: Chinese Civil War ends

The Chinese Communist Party establishes the People's Republic of China on the mainland, leading to the Nationalist government's retreat to Taiwan, taking the Taiwan dollar with them.

25/10/1945: Taiwan is restored to the Republic of China

After the end of World War II, Taiwan is returned to the Republic of China from Japan, and the Taiwan dollar becomes the official currency.