Historic Mexican peso Namibian dollar

Mexican peso namibian dollar history for February 2024. The highest quote for this month is 1.1561 (13/02/2024) and the lowest 1.135 (27/02/2024). The difference between high and low is 1.83.

MXN NAD average rate for February 2024 is 1.11161, the change between 01/02/2024 and 29/02/2024 is -4.88 %.

01 February 20241 MXN = 1.079 NAD
02 February 20241 MXN = 1.089 NAD
03 February 20241 MXN = 1.105 NAD
04 February 20241 MXN = 1.104 NAD
05 February 20241 MXN = 1.084 NAD
06 February 20241 MXN = 1.115 NAD
07 February 20241 MXN = 1.106 NAD
08 February 20241 MXN = 1.109 NAD
09 February 20241 MXN = 1.107 NAD
12 February 20241 MXN = 1.114 NAD
13 February 20241 MXN = 1.114 NAD
14 February 20241 MXN = 1.113 NAD
15 February 20241 MXN = 1.116 NAD
16 February 20241 MXN = 1.113 NAD
17 February 20241 MXN = 1.106 NAD
18 February 20241 MXN = 1.107 NAD
19 February 20241 MXN = 1.113 NAD
20 February 20241 MXN = 1.108 NAD
21 February 20241 MXN = 1.109 NAD
22 February 20241 MXN = 1.110 NAD
23 February 20241 MXN = 1.121 NAD
24 February 20241 MXN = 1.129 NAD
25 February 20241 MXN = 1.129 NAD
26 February 20241 MXN = 1.121 NAD
27 February 20241 MXN = 1.132 NAD
28 February 20241 MXN = 1.133 NAD
29 February 20241 MXN = 1.131 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.