Historic Mexican peso Salvadoran Colón

Mexican peso salvadoran colón history for January 2024. The highest quote for this month is 0.5185 (14/01/2024) and the lowest 0.51937 (07/01/2024). The difference between high and low is -0.17.

MXN SVC average rate for January 2024 is 0.50306, the change between 01/01/2024 and 31/01/2024 is +1.35 %.

01 January 20241 MXN = 0.5040 SVC
02 January 20241 MXN = 0.5045 SVC
03 January 20241 MXN = 0.5014 SVC
04 January 20241 MXN = 0.5010 SVC
05 January 20241 MXN = 0.5015 SVC
06 January 20241 MXN = 0.5191 SVC
07 January 20241 MXN = 0.5193 SVC
08 January 20241 MXN = 0.5039 SVC
09 January 20241 MXN = 0.5065 SVC
10 January 20241 MXN = 0.5026 SVC
11 January 20241 MXN = 0.5023 SVC
12 January 20241 MXN = 0.5048 SVC
14 January 20241 MXN = 0.5186 SVC
15 January 20241 MXN = 0.5050 SVC
16 January 20241 MXN = 0.5047 SVC
17 January 20241 MXN = 0.4967 SVC
18 January 20241 MXN = 0.4961 SVC
19 January 20241 MXN = 0.4968 SVC
21 January 20241 MXN = 0.5105 SVC
22 January 20241 MXN = 0.4987 SVC
23 January 20241 MXN = 0.4965 SVC
24 January 20241 MXN = 0.4926 SVC
25 January 20241 MXN = 0.4948 SVC
26 January 20241 MXN = 0.4964 SVC
27 January 20241 MXN = 0.5107 SVC
28 January 20241 MXN = 0.5103 SVC
29 January 20241 MXN = 0.4972 SVC
30 January 20241 MXN = 0.4950 SVC
31 January 20241 MXN = 0.4972 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.