Historic North Korean won Mexican peso

North Korean won mexican peso history for January 2024. The highest quote for this month is 0.019313 (17/01/2024) and the lowest 0.019109 (17/01/2024). The difference between high and low is 1.06.

KPW MXN average rate for January 2024 is 0.01894, the change between 01/01/2024 and 31/01/2024 is -1.12 %.

01 January 20241 KPW = 0.0188 MXN
02 January 20241 KPW = 0.0188 MXN
03 January 20241 KPW = 0.0189 MXN
04 January 20241 KPW = 0.0189 MXN
05 January 20241 KPW = 0.0189 MXN
06 January 20241 KPW = 0.0187 MXN
07 January 20241 KPW = 0.0187 MXN
08 January 20241 KPW = 0.0188 MXN
09 January 20241 KPW = 0.0187 MXN
10 January 20241 KPW = 0.0189 MXN
11 January 20241 KPW = 0.0189 MXN
12 January 20241 KPW = 0.0188 MXN
14 January 20241 KPW = 0.0187 MXN
15 January 20241 KPW = 0.0187 MXN
16 January 20241 KPW = 0.0188 MXN
17 January 20241 KPW = 0.0191 MXN
18 January 20241 KPW = 0.0191 MXN
19 January 20241 KPW = 0.0191 MXN
21 January 20241 KPW = 0.0190 MXN
22 January 20241 KPW = 0.0190 MXN
23 January 20241 KPW = 0.0191 MXN
24 January 20241 KPW = 0.0192 MXN
25 January 20241 KPW = 0.0191 MXN
26 January 20241 KPW = 0.0191 MXN
27 January 20241 KPW = 0.0190 MXN
28 January 20241 KPW = 0.0191 MXN
29 January 20241 KPW = 0.0191 MXN
30 January 20241 KPW = 0.0191 MXN
31 January 20241 KPW = 0.0191 MXN

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

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.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

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.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

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.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its 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).

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

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.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.