Historic Paraguayan Guaraní Mexican peso

Paraguayan Guaraní mexican peso history for December 2023. The highest quote for this month is 0.002419 (08/12/2023) and the lowest 0.002408 (14/12/2023). The difference between high and low is 0.45.

PYG MXN average rate for December 2023 is 0.00236, the change between 01/12/2023 and 31/12/2023 is +0.76 %.

01 December 20231 PYG = 0.0024 MXN
02 December 20231 PYG = 0.0023 MXN
03 December 20231 PYG = 0.0023 MXN
04 December 20231 PYG = 0.0023 MXN
05 December 20231 PYG = 0.0024 MXN
06 December 20231 PYG = 0.0024 MXN
07 December 20231 PYG = 0.0024 MXN
08 December 20231 PYG = 0.0024 MXN
10 December 20231 PYG = 0.0024 MXN
11 December 20231 PYG = 0.0024 MXN
12 December 20231 PYG = 0.0024 MXN
13 December 20231 PYG = 0.0024 MXN
14 December 20231 PYG = 0.0024 MXN
15 December 20231 PYG = 0.0024 MXN
16 December 20231 PYG = 0.0024 MXN
17 December 20231 PYG = 0.0024 MXN
18 December 20231 PYG = 0.0024 MXN
19 December 20231 PYG = 0.0024 MXN
20 December 20231 PYG = 0.0024 MXN
21 December 20231 PYG = 0.0024 MXN
22 December 20231 PYG = 0.0024 MXN
23 December 20231 PYG = 0.0023 MXN
24 December 20231 PYG = 0.0023 MXN
25 December 20231 PYG = 0.0023 MXN
26 December 20231 PYG = 0.0023 MXN
27 December 20231 PYG = 0.0023 MXN
28 December 20231 PYG = 0.0024 MXN
29 December 20231 PYG = 0.0024 MXN

31/07/2013: Polymer Banknotes Issued

Polymer banknotes were issued in Paraguay, enhancing durability and counterfeit resistance of currency notes.

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.

24/10/2011: Currency Redenomination

A currency redenomination took place, where 1,000 old Guaraní became equal to 1 new Guaraní.

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.

12/06/1995: Introduction of New Banknotes

New banknotes were introduced, featuring enhanced security features and updated designs.

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.

01/03/1990: New Currency Symbol

A new currency symbol, ₲, was officially adopted for the Paraguayan Guaraní.

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).

12/04/1982: Decree on Currency Stability

The Paraguayan government issued a decree to maintain the stability of the Paraguayan Guaraní.

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.

30/10/1953: Monetary Reform

A new monetary reform was implemented, replacing existing banknotes with new designs.

04/03/1943: Paraguayan Guaraní Introduced

The Paraguayan government introduced the Paraguayan Guaraní as the official currency of Paraguay.