Historic Salvadoran Colón Mexican peso

Salvadoran Colón mexican peso history for February 2024. The highest quote for this month is 2.0208 (01/02/2024) and the lowest 2.0084 (02/02/2024). The difference between high and low is 0.61.

SVC MXN average rate for February 2024 is 1.99068, the change between 01/02/2024 and 29/02/2024 is +0.73 %.

01 February 20241 SVC = 2.023 MXN
02 February 20241 SVC = 2.002 MXN
03 February 20241 SVC = 1.955 MXN
04 February 20241 SVC = 1.957 MXN
05 February 20241 SVC = 1.993 MXN
06 February 20241 SVC = 2.004 MXN
07 February 20241 SVC = 1.996 MXN
08 February 20241 SVC = 1.999 MXN
09 February 20241 SVC = 2.008 MXN
11 February 20241 SVC = 1.955 MXN
12 February 20241 SVC = 2.004 MXN
13 February 20241 SVC = 2.002 MXN
14 February 20241 SVC = 2.017 MXN
15 February 20241 SVC = 2.003 MXN
16 February 20241 SVC = 1.999 MXN
17 February 20241 SVC = 1.947 MXN
18 February 20241 SVC = 1.948 MXN
19 February 20241 SVC = 1.999 MXN
20 February 20241 SVC = 1.998 MXN
21 February 20241 SVC = 2.000 MXN
22 February 20241 SVC = 1.998 MXN
23 February 20241 SVC = 2.005 MXN
24 February 20241 SVC = 1.955 MXN
25 February 20241 SVC = 1.954 MXN
26 February 20241 SVC = 2.008 MXN
27 February 20241 SVC = 2.003 MXN
28 February 20241 SVC = 2.002 MXN
29 February 20241 SVC = 2.008 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.