Historic Mexican peso Convertible Mark

Mexican peso convertible mark history for January 2024. The highest quote for this month is 0.10604 (08/01/2024) and the lowest 0.10314 (08/01/2024). The difference between high and low is 2.73.

MXN BAM average rate for January 2024 is 0.10529, the change between 01/01/2024 and 31/01/2024 is -0.26 %.

03 January 20241 MXN = 0.1054 BAM
04 January 20241 MXN = 0.1052 BAM
05 January 20241 MXN = 0.1052 BAM
08 January 20241 MXN = 0.1060 BAM
09 January 20241 MXN = 0.1065 BAM
10 January 20241 MXN = 0.1052 BAM
11 January 20241 MXN = 0.1052 BAM
12 January 20241 MXN = 0.1058 BAM
15 January 20241 MXN = 0.1060 BAM
16 January 20241 MXN = 0.1067 BAM
17 January 20241 MXN = 0.1048 BAM
18 January 20241 MXN = 0.1049 BAM
19 January 20241 MXN = 0.1047 BAM
22 January 20241 MXN = 0.1053 BAM
23 January 20241 MXN = 0.1051 BAM
24 January 20241 MXN = 0.1040 BAM
25 January 20241 MXN = 0.1044 BAM
26 January 20241 MXN = 0.1050 BAM
29 January 20241 MXN = 0.1054 BAM
30 January 20241 MXN = 0.1049 BAM
31 January 20241 MXN = 0.1057 BAM

01/11/2019: 25th Anniversary of the Convertible Mark

Bosnia and Herzegovina celebrated the 25th anniversary of the introduction of the Convertible Mark as its national currency.

15/08/2017: New Banknote Denominations

New banknote denominations of 200 BAM and 1,000 BAM were introduced to facilitate transactions and enhance the efficiency of cash handling.

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.

09/03/2010: New Polymer Banknotes

The Central Bank of Bosnia and Herzegovina introduced polymer banknotes to replace the paper banknotes, increasing 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.

28/02/2002: Replacement of Deutsche Mark with Euro

The Deutsche Mark was replaced by the euro as the main reference currency for the Convertible Mark's fixed exchange rate.

02/07/1998: Issuance of New Banknote Series

A new series of banknotes was issued, featuring updated designs and enhanced security features.

01/07/1997: Currency Board Arrangement

A Currency Board Arrangement was established to maintain a fixed exchange rate between the Convertible Mark and the Deutsche Mark.

22/06/1995: Introduction of the Convertible Mark

The Convertible Mark was introduced as the official currency of Bosnia and Herzegovina, replacing the Yugoslav dinar.

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.