Historic Thai baht Mexican peso

Thai baht mexican peso history for December 2023. The highest quote for this month is 0.49706 (05/12/2023) and the lowest 0.49621 (05/12/2023). The difference between high and low is 0.17.

THB MXN average rate for December 2023 is 0.49215, the change between 01/12/2023 and 31/12/2023 is +0 %.

01 December 20231 THB = 0.4929 MXN
02 December 20231 THB = 0.4928 MXN
03 December 20231 THB = 0.4928 MXN
04 December 20231 THB = 0.4949 MXN
05 December 20231 THB = 0.4956 MXN
06 December 20231 THB = 0.4926 MXN
07 December 20231 THB = 0.4912 MXN
08 December 20231 THB = 0.4976 MXN
10 December 20231 THB = 0.4889 MXN
11 December 20231 THB = 0.4892 MXN
12 December 20231 THB = 0.4868 MXN
13 December 20231 THB = 0.4854 MXN
14 December 20231 THB = 0.4920 MXN
15 December 20231 THB = 0.4928 MXN
16 December 20231 THB = 0.4937 MXN
17 December 20231 THB = 0.4947 MXN
18 December 20231 THB = 0.4927 MXN
19 December 20231 THB = 0.4912 MXN
20 December 20231 THB = 0.4898 MXN
21 December 20231 THB = 0.4902 MXN
22 December 20231 THB = 0.4910 MXN
23 December 20231 THB = 0.4912 MXN
24 December 20231 THB = 0.4927 MXN
25 December 20231 THB = 0.4936 MXN
26 December 20231 THB = 0.4919 MXN
27 December 20231 THB = 0.4924 MXN
28 December 20231 THB = 0.4946 MXN
29 December 20231 THB = 0.4944 MXN
31 December 20231 THB = 0.4928 MXN

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

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.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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).

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

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.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.