Historic Barbadian dollar Mexican peso

Barbadian dollar mexican peso history for February 2024. The highest quote for this month is 8.735 (01/02/2024) and the lowest 8.6816 (02/02/2024). The difference between high and low is 0.61.

BBD MXN average rate for February 2024 is 8.63055, the change between 01/02/2024 and 29/02/2024 is +0.73 %.

01 February 20241 BBD = 8.74 MXN
02 February 20241 BBD = 8.65 MXN
03 February 20241 BBD = 8.55 MXN
04 February 20241 BBD = 8.56 MXN
05 February 20241 BBD = 8.61 MXN
06 February 20241 BBD = 8.66 MXN
07 February 20241 BBD = 8.63 MXN
08 February 20241 BBD = 8.64 MXN
09 February 20241 BBD = 8.68 MXN
11 February 20241 BBD = 8.55 MXN
12 February 20241 BBD = 8.66 MXN
13 February 20241 BBD = 8.65 MXN
14 February 20241 BBD = 8.72 MXN
15 February 20241 BBD = 8.66 MXN
16 February 20241 BBD = 8.64 MXN
17 February 20241 BBD = 8.52 MXN
18 February 20241 BBD = 8.52 MXN
19 February 20241 BBD = 8.64 MXN
20 February 20241 BBD = 8.64 MXN
21 February 20241 BBD = 8.65 MXN
22 February 20241 BBD = 8.63 MXN
23 February 20241 BBD = 8.67 MXN
24 February 20241 BBD = 8.55 MXN
25 February 20241 BBD = 8.55 MXN
26 February 20241 BBD = 8.68 MXN
27 February 20241 BBD = 8.66 MXN
28 February 20241 BBD = 8.65 MXN
29 February 20241 BBD = 8.68 MXN

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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).

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.
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