Historic Paraguayan Guaraní Mexican peso

Paraguayan Guaraní mexican peso history for February 2024. The highest quote for this month is 0.002407 (01/02/2024) and the lowest 0.002395 (05/02/2024). The difference between high and low is 0.5.

PYG MXN average rate for February 2024 is 0.00238, the change between 01/02/2024 and 29/02/2024 is +0.95 %.

01 February 20241 PYG = 0.0024 MXN
02 February 20241 PYG = 0.0024 MXN
03 February 20241 PYG = 0.0024 MXN
04 February 20241 PYG = 0.0024 MXN
05 February 20241 PYG = 0.0024 MXN
06 February 20241 PYG = 0.0024 MXN
07 February 20241 PYG = 0.0024 MXN
08 February 20241 PYG = 0.0024 MXN
09 February 20241 PYG = 0.0024 MXN
12 February 20241 PYG = 0.0024 MXN
13 February 20241 PYG = 0.0024 MXN
14 February 20241 PYG = 0.0024 MXN
15 February 20241 PYG = 0.0024 MXN
16 February 20241 PYG = 0.0024 MXN
17 February 20241 PYG = 0.0023 MXN
18 February 20241 PYG = 0.0023 MXN
19 February 20241 PYG = 0.0024 MXN
20 February 20241 PYG = 0.0024 MXN
21 February 20241 PYG = 0.0024 MXN
22 February 20241 PYG = 0.0024 MXN
23 February 20241 PYG = 0.0024 MXN
24 February 20241 PYG = 0.0024 MXN
25 February 20241 PYG = 0.0024 MXN
26 February 20241 PYG = 0.0024 MXN
27 February 20241 PYG = 0.0024 MXN
28 February 20241 PYG = 0.0024 MXN
29 February 20241 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.
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