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

Mexican peso united states dollar history for November 2023. The highest quote for this month is 0.058442 (26/11/2023) and the lowest 0.058752 (27/11/2023). The difference between high and low is -0.53.

MXN USD average rate for November 2023 is 0.05759, the change between 01/11/2023 and 30/11/2023 is -4.42 %.

01 November 2023	1 MXN = 0.0554 USD
06 November 2023	1 MXN = 0.0572 USD
07 November 2023	1 MXN = 0.0570 USD
08 November 2023	1 MXN = 0.0572 USD
09 November 2023	1 MXN = 0.0571 USD
10 November 2023	1 MXN = 0.0562 USD
12 November 2023	1 MXN = 0.0567 USD
13 November 2023	1 MXN = 0.0566 USD
14 November 2023	1 MXN = 0.0568 USD
15 November 2023	1 MXN = 0.0577 USD
16 November 2023	1 MXN = 0.0578 USD
17 November 2023	1 MXN = 0.0581 USD
18 November 2023	1 MXN = 0.0581 USD
19 November 2023	1 MXN = 0.0581 USD
20 November 2023	1 MXN = 0.0581 USD
21 November 2023	1 MXN = 0.0584 USD
22 November 2023	1 MXN = 0.0582 USD
23 November 2023	1 MXN = 0.0582 USD
26 November 2023	1 MXN = 0.0584 USD
27 November 2023	1 MXN = 0.0584 USD
28 November 2023	1 MXN = 0.0583 USD
29 November 2023	1 MXN = 0.0584 USD
30 November 2023	1 MXN = 0.0579 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.