Mexican peso arab emirates dirham exchange rate history (MXN AED) October 2023

Mexican peso arab emirates dirham history for October 2023. The highest quote for this month is 0.21067 (01/10/2023) and the lowest 0.21165 (01/10/2023). The difference between high and low is -0.47.

MXN AED average rate for October 2023 is 0.20346, the change between 01/10/2023 and 31/10/2023 is +3.55 %.

01 October 2023	1 MXN = 0.2110 AED
02 October 2023	1 MXN = 0.2111 AED
03 October 2023	1 MXN = 0.2079 AED
04 October 2023	1 MXN = 0.2039 AED
05 October 2023	1 MXN = 0.2043 AED
06 October 2023	1 MXN = 0.2009 AED
07 October 2023	1 MXN = 0.2022 AED
09 October 2023	1 MXN = 0.2015 AED
10 October 2023	1 MXN = 0.2017 AED
11 October 2023	1 MXN = 0.2048 AED
12 October 2023	1 MXN = 0.2059 AED
13 October 2023	1 MXN = 0.2043 AED
16 October 2023	1 MXN = 0.2035 AED
17 October 2023	1 MXN = 0.2051 AED
18 October 2023	1 MXN = 0.2040 AED
19 October 2023	1 MXN = 0.2014 AED
20 October 2023	1 MXN = 0.2006 AED
21 October 2023	1 MXN = 0.2016 AED
22 October 2023	1 MXN = 0.2015 AED
23 October 2023	1 MXN = 0.2018 AED
24 October 2023	1 MXN = 0.2025 AED
25 October 2023	1 MXN = 0.2011 AED
26 October 2023	1 MXN = 0.2004 AED
27 October 2023	1 MXN = 0.2025 AED
28 October 2023	1 MXN = 0.2028 AED
29 October 2023	1 MXN = 0.2028 AED
30 October 2023	1 MXN = 0.2028 AED
31 October 2023	1 MXN = 0.2035 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.

Historic Mexican peso Arab Emirates Dirham