Historic Mexican peso United States dollar

Mexican peso united states dollar history since 28/03/2024 until today (0 years). Search for MXN to USD exchange rate history for a particular date, month or year.

is the currency (supplied by Bank of Mexico and the currency supplied by Federal Reserve Bank. The MXN USD historical data can be seen on the Mexican peso united states dollar historical chart.

29 February 20241 MXN = 0.0585 USD
01 March 20241 MXN = 0.0587 USD
03 March 20241 MXN = 0.0588 USD
04 March 20241 MXN = 0.0588 USD
05 March 20241 MXN = 0.0590 USD
06 March 20241 MXN = 0.0591 USD
07 March 20241 MXN = 0.0593 USD
08 March 20241 MXN = 0.0593 USD
10 March 20241 MXN = 0.0595 USD
11 March 20241 MXN = 0.0595 USD
12 March 20241 MXN = 0.0595 USD

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.