Mexican peso singapore dollar exchange rate history (MXN SGD) December 2023

Mexican peso singapore dollar history for December 2023. The highest quote for this month is 0.078241 (25/12/2023) and the lowest 0.078208 (23/12/2023). The difference between high and low is 0.04.

MXN SGD average rate for December 2023 is 0.07754, the change between 01/12/2023 and 31/12/2023 is -1.07 %.

01 December 2023	1 MXN = 0.0769 SGD
02 December 2023	1 MXN = 0.0777 SGD
03 December 2023	1 MXN = 0.0777 SGD
04 December 2023	1 MXN = 0.0775 SGD
05 December 2023	1 MXN = 0.0766 SGD
06 December 2023	1 MXN = 0.0772 SGD
07 December 2023	1 MXN = 0.0776 SGD
08 December 2023	1 MXN = 0.0767 SGD
10 December 2023	1 MXN = 0.0773 SGD
11 December 2023	1 MXN = 0.0773 SGD
12 December 2023	1 MXN = 0.0774 SGD
13 December 2023	1 MXN = 0.0775 SGD
14 December 2023	1 MXN = 0.0772 SGD
15 December 2023	1 MXN = 0.0773 SGD
16 December 2023	1 MXN = 0.0774 SGD
17 December 2023	1 MXN = 0.0773 SGD
18 December 2023	1 MXN = 0.0774 SGD
19 December 2023	1 MXN = 0.0776 SGD
20 December 2023	1 MXN = 0.0779 SGD
21 December 2023	1 MXN = 0.0777 SGD
22 December 2023	1 MXN = 0.0779 SGD
23 December 2023	1 MXN = 0.0780 SGD
24 December 2023	1 MXN = 0.0779 SGD
25 December 2023	1 MXN = 0.0779 SGD
26 December 2023	1 MXN = 0.0780 SGD
27 December 2023	1 MXN = 0.0779 SGD
28 December 2023	1 MXN = 0.0780 SGD
29 December 2023	1 MXN = 0.0779 SGD
31 December 2023	1 MXN = 0.0778 SGD

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

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.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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).

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

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.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

Historic Mexican peso Singapore dollar