Historic Mexican peso Pound sterling

Mexican peso pound sterling history for October 2019. The highest quote for this month is 0.041777 (10/10/2019) and the lowest 0.041704 (09/10/2019). The difference between high and low is 0.17.

MXN GBP average rate for October 2019 is 0.04097, the change between 01/10/2019 and 31/10/2019 is +1.54 %.

01 October 20191 MXN = 0.0412 GBP
02 October 20191 MXN = 0.0411 GBP
03 October 20191 MXN = 0.0411 GBP
04 October 20191 MXN = 0.0412 GBP
07 October 20191 MXN = 0.0415 GBP
08 October 20191 MXN = 0.0416 GBP
09 October 20191 MXN = 0.0417 GBP
10 October 20191 MXN = 0.0418 GBP
11 October 20191 MXN = 0.0414 GBP
14 October 20191 MXN = 0.0410 GBP
15 October 20191 MXN = 0.0411 GBP
16 October 20191 MXN = 0.0408 GBP
17 October 20191 MXN = 0.0406 GBP
18 October 20191 MXN = 0.0405 GBP
21 October 20191 MXN = 0.0405 GBP
22 October 20191 MXN = 0.0403 GBP
23 October 20191 MXN = 0.0405 GBP
24 October 20191 MXN = 0.0405 GBP
25 October 20191 MXN = 0.0407 GBP
28 October 20191 MXN = 0.0409 GBP
29 October 20191 MXN = 0.0407 GBP
30 October 20191 MXN = 0.0407 GBP
31 October 20191 MXN = 0.0406 GBP

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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).

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal 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.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.