Historic Mexican peso Arab Emirates Dirham

Mexican peso arab emirates dirham history for February 2024. The highest quote for this month is 0.21562 (17/02/2024) and the lowest 0.21624 (20/02/2024). The difference between high and low is -0.29.

MXN AED average rate for February 2024 is 0.21491, the change between 01/02/2024 and 29/02/2024 is -0.76 %.

01 February 20241 MXN = 0.2133 AED
02 February 20241 MXN = 0.2152 AED
03 February 20241 MXN = 0.2147 AED
04 February 20241 MXN = 0.2145 AED
05 February 20241 MXN = 0.2141 AED
06 February 20241 MXN = 0.2146 AED
07 February 20241 MXN = 0.2156 AED
08 February 20241 MXN = 0.2154 AED
09 February 20241 MXN = 0.2143 AED
11 February 20241 MXN = 0.2147 AED
12 February 20241 MXN = 0.2151 AED
13 February 20241 MXN = 0.2151 AED
14 February 20241 MXN = 0.2135 AED
15 February 20241 MXN = 0.2150 AED
16 February 20241 MXN = 0.2155 AED
17 February 20241 MXN = 0.2156 AED
18 February 20241 MXN = 0.2155 AED
19 February 20241 MXN = 0.2155 AED
20 February 20241 MXN = 0.2156 AED
21 February 20241 MXN = 0.2153 AED
22 February 20241 MXN = 0.2156 AED
23 February 20241 MXN = 0.2147 AED
24 February 20241 MXN = 0.2147 AED
25 February 20241 MXN = 0.2149 AED
26 February 20241 MXN = 0.2146 AED
27 February 20241 MXN = 0.2150 AED
28 February 20241 MXN = 0.2152 AED
29 February 20241 MXN = 0.2149 AED

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

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.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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).

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official 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.
MXN AED July 2023
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