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

Mexican peso singapore dollar history for October 2023. The highest quote for this month is 0.078358 (01/10/2023) and the lowest 0.078676 (01/10/2023). The difference between high and low is -0.41.

MXN SGD average rate for October 2023 is 0.07584, the change between 01/10/2023 and 31/10/2023 is +3.63 %.

01 October 2023	1 MXN = 0.0785 SGD
02 October 2023	1 MXN = 0.0786 SGD
03 October 2023	1 MXN = 0.0778 SGD
04 October 2023	1 MXN = 0.0763 SGD
05 October 2023	1 MXN = 0.0763 SGD
06 October 2023	1 MXN = 0.0748 SGD
07 October 2023	1 MXN = 0.0752 SGD
09 October 2023	1 MXN = 0.0749 SGD
10 October 2023	1 MXN = 0.0749 SGD
11 October 2023	1 MXN = 0.0760 SGD
12 October 2023	1 MXN = 0.0764 SGD
13 October 2023	1 MXN = 0.0762 SGD
16 October 2023	1 MXN = 0.0758 SGD
17 October 2023	1 MXN = 0.0764 SGD
18 October 2023	1 MXN = 0.0760 SGD
19 October 2023	1 MXN = 0.0753 SGD
20 October 2023	1 MXN = 0.0750 SGD
21 October 2023	1 MXN = 0.0753 SGD
22 October 2023	1 MXN = 0.0753 SGD
23 October 2023	1 MXN = 0.0754 SGD
24 October 2023	1 MXN = 0.0754 SGD
25 October 2023	1 MXN = 0.0749 SGD
26 October 2023	1 MXN = 0.0749 SGD
27 October 2023	1 MXN = 0.0755 SGD
28 October 2023	1 MXN = 0.0756 SGD
29 October 2023	1 MXN = 0.0756 SGD
30 October 2023	1 MXN = 0.0757 SGD
31 October 2023	1 MXN = 0.0756 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