Historic Mexican peso Seychellois Rupee

Mexican peso seychellois rupee history for August 2023. The highest quote for this month is 0.81437 (12/08/2023) and the lowest 0.81437 (12/08/2023). The difference between high and low is 0.

MXN SCR average rate for August 2023 is 0.748, the change between 01/08/2023 and 31/08/2023 is +0.47 %.

01 August 20231 MXN = 0.7400 SCR
02 August 20231 MXN = 0.7256 SCR
03 August 20231 MXN = 0.7264 SCR
04 August 20231 MXN = 0.7169 SCR
07 August 20231 MXN = 0.7432 SCR
08 August 20231 MXN = 0.7274 SCR
09 August 20231 MXN = 0.7324 SCR
10 August 20231 MXN = 0.7277 SCR
11 August 20231 MXN = 0.7237 SCR
12 August 20231 MXN = 0.8144 SCR
14 August 20231 MXN = 0.7777 SCR
15 August 20231 MXN = 0.7268 SCR
16 August 20231 MXN = 0.7419 SCR
17 August 20231 MXN = 0.7320 SCR
18 August 20231 MXN = 0.7388 SCR
19 August 20231 MXN = 0.8136 SCR
20 August 20231 MXN = 0.8136 SCR
21 August 20231 MXN = 0.7753 SCR
22 August 20231 MXN = 0.7306 SCR
23 August 20231 MXN = 0.7449 SCR
24 August 20231 MXN = 0.7373 SCR
25 August 20231 MXN = 0.7443 SCR
28 August 20231 MXN = 0.7839 SCR
29 August 20231 MXN = 0.7425 SCR
30 August 20231 MXN = 0.7309 SCR
31 August 20231 MXN = 0.7366 SCR

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.