Historic Mexican peso Salvadoran Colón

Mexican peso salvadoran colón history for February 2024. The highest quote for this month is 0.51371 (17/02/2024) and the lowest 0.51392 (03/02/2024). The difference between high and low is -0.04.

MXN SVC average rate for February 2024 is 0.50241, the change between 01/02/2024 and 29/02/2024 is -0.73 %.

01 February 20241 MXN = 0.4944 SVC
02 February 20241 MXN = 0.4995 SVC
03 February 20241 MXN = 0.5116 SVC
04 February 20241 MXN = 0.5110 SVC
05 February 20241 MXN = 0.5019 SVC
06 February 20241 MXN = 0.4990 SVC
07 February 20241 MXN = 0.5011 SVC
08 February 20241 MXN = 0.5004 SVC
09 February 20241 MXN = 0.4980 SVC
11 February 20241 MXN = 0.5116 SVC
12 February 20241 MXN = 0.4989 SVC
13 February 20241 MXN = 0.4995 SVC
14 February 20241 MXN = 0.4958 SVC
15 February 20241 MXN = 0.4993 SVC
16 February 20241 MXN = 0.5002 SVC
17 February 20241 MXN = 0.5137 SVC
18 February 20241 MXN = 0.5134 SVC
19 February 20241 MXN = 0.5004 SVC
20 February 20241 MXN = 0.5005 SVC
21 February 20241 MXN = 0.4999 SVC
22 February 20241 MXN = 0.5006 SVC
23 February 20241 MXN = 0.4987 SVC
24 February 20241 MXN = 0.5116 SVC
25 February 20241 MXN = 0.5119 SVC
26 February 20241 MXN = 0.4979 SVC
27 February 20241 MXN = 0.4992 SVC
28 February 20241 MXN = 0.4996 SVC
29 February 20241 MXN = 0.4981 SVC

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.