Historic Bermudian dollar Mexican peso

Bermudian dollar mexican peso history for January 2024. The highest quote for this month is 17.382 (17/01/2024) and the lowest 17.198 (17/01/2024). The difference between high and low is 1.06.

BMD MXN average rate for January 2024 is 17.0479, the change between 01/01/2024 and 31/01/2024 is -1.12 %.

01 January 20241 BMD = 16.96 MXN
02 January 20241 BMD = 16.96 MXN
03 January 20241 BMD = 17.02 MXN
04 January 20241 BMD = 17.01 MXN
05 January 20241 BMD = 17.01 MXN
06 January 20241 BMD = 16.86 MXN
07 January 20241 BMD = 16.85 MXN
08 January 20241 BMD = 16.88 MXN
09 January 20241 BMD = 16.83 MXN
10 January 20241 BMD = 16.97 MXN
11 January 20241 BMD = 16.98 MXN
12 January 20241 BMD = 16.90 MXN
14 January 20241 BMD = 16.87 MXN
15 January 20241 BMD = 16.87 MXN
16 January 20241 BMD = 16.89 MXN
17 January 20241 BMD = 17.20 MXN
18 January 20241 BMD = 17.19 MXN
19 January 20241 BMD = 17.17 MXN
21 January 20241 BMD = 17.14 MXN
22 January 20241 BMD = 17.09 MXN
23 January 20241 BMD = 17.18 MXN
24 January 20241 BMD = 17.31 MXN
25 January 20241 BMD = 17.23 MXN
26 January 20241 BMD = 17.19 MXN
27 January 20241 BMD = 17.13 MXN
28 January 20241 BMD = 17.15 MXN
29 January 20241 BMD = 17.17 MXN
30 January 20241 BMD = 17.22 MXN
31 January 20241 BMD = 17.15 MXN

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

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.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

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.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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).

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

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.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.