Historic Mexican peso Seychellois Rupee

Mexican peso seychellois rupee history for December 2023. The highest quote for this month is 0.82437 (02/12/2023) and the lowest 0.82622 (23/12/2023). The difference between high and low is -0.22.

MXN SCR average rate for December 2023 is 0.7589, the change between 01/12/2023 and 31/12/2023 is -3.45 %.

01 December 20231 MXN = 0.7222 SCR
02 December 20231 MXN = 0.8244 SCR
03 December 20231 MXN = 0.8243 SCR
04 December 20231 MXN = 0.7561 SCR
05 December 20231 MXN = 0.7044 SCR
06 December 20231 MXN = 0.7188 SCR
07 December 20231 MXN = 0.6924 SCR
08 December 20231 MXN = 0.6859 SCR
10 December 20231 MXN = 0.8134 SCR
11 December 20231 MXN = 0.7166 SCR
12 December 20231 MXN = 0.7313 SCR
13 December 20231 MXN = 0.7269 SCR
14 December 20231 MXN = 0.7196 SCR
15 December 20231 MXN = 0.7382 SCR
16 December 20231 MXN = 0.8175 SCR
17 December 20231 MXN = 0.8156 SCR
18 December 20231 MXN = 0.7350 SCR
19 December 20231 MXN = 0.7273 SCR
20 December 20231 MXN = 0.7361 SCR
21 December 20231 MXN = 0.7311 SCR
22 December 20231 MXN = 0.7296 SCR
23 December 20231 MXN = 0.8242 SCR
24 December 20231 MXN = 0.8206 SCR
25 December 20231 MXN = 0.8142 SCR
26 December 20231 MXN = 0.8144 SCR
27 December 20231 MXN = 0.8166 SCR
28 December 20231 MXN = 0.7453 SCR
29 December 20231 MXN = 0.7472 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.