Historic Mexican peso Namibian dollar

Mexican peso namibian dollar history for December 2023. The highest quote for this month is 1.0969 (14/12/2023) and the lowest 1.1092 (14/12/2023). The difference between high and low is -1.12.

MXN NAD average rate for December 2023 is 1.08446, the change between 01/12/2023 and 31/12/2023 is -0.75 %.

01 December 20231 MXN = 1.076 NAD
02 December 20231 MXN = 1.085 NAD
03 December 20231 MXN = 1.085 NAD
04 December 20231 MXN = 1.082 NAD
05 December 20231 MXN = 1.066 NAD
06 December 20231 MXN = 1.093 NAD
07 December 20231 MXN = 1.093 NAD
08 December 20231 MXN = 1.073 NAD
10 December 20231 MXN = 1.093 NAD
11 December 20231 MXN = 1.094 NAD
12 December 20231 MXN = 1.098 NAD
13 December 20231 MXN = 1.102 NAD
14 December 20231 MXN = 1.105 NAD
15 December 20231 MXN = 1.110 NAD
16 December 20231 MXN = 1.067 NAD
17 December 20231 MXN = 1.064 NAD
18 December 20231 MXN = 1.108 NAD
19 December 20231 MXN = 1.065 NAD
20 December 20231 MXN = 1.071 NAD
21 December 20231 MXN = 1.066 NAD
22 December 20231 MXN = 1.072 NAD
23 December 20231 MXN = 1.085 NAD
24 December 20231 MXN = 1.085 NAD
25 December 20231 MXN = 1.081 NAD
26 December 20231 MXN = 1.081 NAD
27 December 20231 MXN = 1.097 NAD
28 December 20231 MXN = 1.087 NAD
29 December 20231 MXN = 1.084 NAD

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

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.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

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: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

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.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.