Historic Mexican peso Somali shilling

Mexican peso somali shilling history for January 2024. The highest quote for this month is 33.595 (08/01/2024) and the lowest 33.864 (08/01/2024). The difference between high and low is -0.8.

MXN SOS average rate for January 2024 is 33.29626, the change between 01/01/2024 and 31/01/2024 is +1.11 %.

01 January 20241 MXN = 33.48 SOS
02 January 20241 MXN = 33.49 SOS
03 January 20241 MXN = 33.37 SOS
04 January 20241 MXN = 33.39 SOS
05 January 20241 MXN = 33.40 SOS
08 January 20241 MXN = 33.65 SOS
09 January 20241 MXN = 33.74 SOS
10 January 20241 MXN = 33.48 SOS
11 January 20241 MXN = 33.45 SOS
12 January 20241 MXN = 33.61 SOS
15 January 20241 MXN = 33.67 SOS
16 January 20241 MXN = 33.64 SOS
17 January 20241 MXN = 33.03 SOS
18 January 20241 MXN = 33.04 SOS
19 January 20241 MXN = 33.08 SOS
22 January 20241 MXN = 33.23 SOS
23 January 20241 MXN = 33.07 SOS
24 January 20241 MXN = 32.82 SOS
25 January 20241 MXN = 32.96 SOS
26 January 20241 MXN = 33.04 SOS
29 January 20241 MXN = 33.08 SOS
30 January 20241 MXN = 32.99 SOS
31 January 20241 MXN = 33.11 SOS

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.