Historic Singapore dollar Mexican peso

Singapore dollar mexican peso history for January 2024. The highest quote for this month is 12.941 (23/01/2024) and the lowest 12.861 (01/01/2024). The difference between high and low is 0.62.

SGD MXN average rate for January 2024 is 12.77334, the change between 01/01/2024 and 31/01/2024 is +0.41 %.

01 January 20241 SGD = 12.86 MXN
02 January 20241 SGD = 12.86 MXN
03 January 20241 SGD = 12.83 MXN
04 January 20241 SGD = 12.81 MXN
05 January 20241 SGD = 12.79 MXN
06 January 20241 SGD = 12.68 MXN
07 January 20241 SGD = 12.68 MXN
08 January 20241 SGD = 12.70 MXN
09 January 20241 SGD = 12.67 MXN
10 January 20241 SGD = 12.75 MXN
11 January 20241 SGD = 12.76 MXN
12 January 20241 SGD = 12.71 MXN
14 January 20241 SGD = 12.67 MXN
15 January 20241 SGD = 12.67 MXN
16 January 20241 SGD = 12.66 MXN
17 January 20241 SGD = 12.81 MXN
18 January 20241 SGD = 12.79 MXN
19 January 20241 SGD = 12.78 MXN
21 January 20241 SGD = 12.80 MXN
22 January 20241 SGD = 12.75 MXN
23 January 20241 SGD = 12.80 MXN
24 January 20241 SGD = 12.91 MXN
25 January 20241 SGD = 12.86 MXN
26 January 20241 SGD = 12.83 MXN
27 January 20241 SGD = 12.78 MXN
28 January 20241 SGD = 12.79 MXN
29 January 20241 SGD = 12.79 MXN
30 January 20241 SGD = 12.85 MXN
31 January 20241 SGD = 12.81 MXN

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

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.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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).

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

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.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.
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