Historic Mexican peso Thai baht

Mexican peso thai baht history for December 2019. The highest quote for this month is 1.5974 (30/12/2019) and the lowest 1.5989 (27/12/2019). The difference between high and low is -0.09.

MXN THB average rate for December 2019 is 1.58065, the change between 01/12/2019 and 31/12/2019 is -2.54 %.

02 December 20191 MXN = 1.545 THB
03 December 20191 MXN = 1.546 THB
04 December 20191 MXN = 1.547 THB
05 December 20191 MXN = 1.558 THB
06 December 20191 MXN = 1.568 THB
09 December 20191 MXN = 1.575 THB
10 December 20191 MXN = 1.576 THB
11 December 20191 MXN = 1.574 THB
12 December 20191 MXN = 1.583 THB
13 December 20191 MXN = 1.588 THB
16 December 20191 MXN = 1.586 THB
17 December 20191 MXN = 1.595 THB
18 December 20191 MXN = 1.598 THB
19 December 20191 MXN = 1.592 THB
20 December 20191 MXN = 1.597 THB
23 December 20191 MXN = 1.594 THB
24 December 20191 MXN = 1.592 THB
25 December 20191 MXN = 1.590 THB
26 December 20191 MXN = 1.591 THB
27 December 20191 MXN = 1.593 THB
30 December 20191 MXN = 1.601 THB
31 December 20191 MXN = 1.584 THB

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

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.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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).

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

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.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.