Historic Maldivian rufiyaa Mexican peso

Maldivian rufiyaa mexican peso history for February 2024. The highest quote for this month is 1.1367 (13/02/2024) and the lowest 1.1294 (13/02/2024). The difference between high and low is 0.64.

MVR MXN average rate for February 2024 is 1.1197, the change between 01/02/2024 and 29/02/2024 is +0.43 %.

01 February 20241 MVR = 1.128 MXN
02 February 20241 MVR = 1.119 MXN
03 February 20241 MVR = 1.109 MXN
04 February 20241 MVR = 1.111 MXN
05 February 20241 MVR = 1.125 MXN
06 February 20241 MVR = 1.122 MXN
07 February 20241 MVR = 1.118 MXN
08 February 20241 MVR = 1.118 MXN
09 February 20241 MVR = 1.127 MXN
12 February 20241 MVR = 1.127 MXN
13 February 20241 MVR = 1.127 MXN
14 February 20241 MVR = 1.135 MXN
15 February 20241 MVR = 1.123 MXN
16 February 20241 MVR = 1.117 MXN
17 February 20241 MVR = 1.105 MXN
18 February 20241 MVR = 1.105 MXN
19 February 20241 MVR = 1.118 MXN
20 February 20241 MVR = 1.117 MXN
21 February 20241 MVR = 1.122 MXN
22 February 20241 MVR = 1.121 MXN
23 February 20241 MVR = 1.126 MXN
24 February 20241 MVR = 1.109 MXN
25 February 20241 MVR = 1.109 MXN
26 February 20241 MVR = 1.126 MXN
27 February 20241 MVR = 1.123 MXN
28 February 20241 MVR = 1.122 MXN
29 February 20241 MVR = 1.123 MXN

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

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.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

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.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

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).

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.