Mexican peso united states dollar exchange rate history (MXN USD) December 2023

Mexican peso united states dollar history for December 2023. The highest quote for this month is 0.059067 (28/12/2023) and the lowest 0.059358 (28/12/2023). The difference between high and low is -0.49.

MXN USD average rate for December 2023 is 0.05823, the change between 01/12/2023 and 31/12/2023 is -2.43 %.

01 December 2023	1 MXN = 0.0576 USD
02 December 2023	1 MXN = 0.0582 USD
03 December 2023	1 MXN = 0.0582 USD
04 December 2023	1 MXN = 0.0582 USD
05 December 2023	1 MXN = 0.0573 USD
06 December 2023	1 MXN = 0.0576 USD
07 December 2023	1 MXN = 0.0578 USD
08 December 2023	1 MXN = 0.0572 USD
10 December 2023	1 MXN = 0.0577 USD
11 December 2023	1 MXN = 0.0576 USD
12 December 2023	1 MXN = 0.0576 USD
13 December 2023	1 MXN = 0.0578 USD
14 December 2023	1 MXN = 0.0579 USD
15 December 2023	1 MXN = 0.0582 USD
16 December 2023	1 MXN = 0.0581 USD
17 December 2023	1 MXN = 0.0580 USD
18 December 2023	1 MXN = 0.0581 USD
19 December 2023	1 MXN = 0.0583 USD
20 December 2023	1 MXN = 0.0586 USD
21 December 2023	1 MXN = 0.0584 USD
22 December 2023	1 MXN = 0.0587 USD
23 December 2023	1 MXN = 0.0589 USD
24 December 2023	1 MXN = 0.0588 USD
25 December 2023	1 MXN = 0.0589 USD
26 December 2023	1 MXN = 0.0589 USD
27 December 2023	1 MXN = 0.0589 USD
28 December 2023	1 MXN = 0.0591 USD
29 December 2023	1 MXN = 0.0590 USD
31 December 2023	1 MXN = 0.0590 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.