Historic Thai baht Mexican peso

Thai baht mexican peso history for February 2024. The highest quote for this month is 0.48587 (01/02/2024) and the lowest 0.48508 (02/02/2024). The difference between high and low is 0.16.

THB MXN average rate for February 2024 is 0.47679, the change between 01/02/2024 and 29/02/2024 is +1.87 %.

01 February 20241 THB = 0.4843 MXN
02 February 20241 THB = 0.4835 MXN
03 February 20241 THB = 0.4811 MXN
04 February 20241 THB = 0.4820 MXN
05 February 20241 THB = 0.4821 MXN
06 February 20241 THB = 0.4784 MXN
07 February 20241 THB = 0.4790 MXN
08 February 20241 THB = 0.4804 MXN
09 February 20241 THB = 0.4781 MXN
11 February 20241 THB = 0.4764 MXN
12 February 20241 THB = 0.4760 MXN
13 February 20241 THB = 0.4758 MXN
14 February 20241 THB = 0.4770 MXN
15 February 20241 THB = 0.4736 MXN
16 February 20241 THB = 0.4728 MXN
17 February 20241 THB = 0.4734 MXN
18 February 20241 THB = 0.4715 MXN
19 February 20241 THB = 0.4741 MXN
20 February 20241 THB = 0.4716 MXN
21 February 20241 THB = 0.4742 MXN
22 February 20241 THB = 0.4752 MXN
23 February 20241 THB = 0.4761 MXN
24 February 20241 THB = 0.4765 MXN
25 February 20241 THB = 0.4743 MXN
26 February 20241 THB = 0.4762 MXN
27 February 20241 THB = 0.4754 MXN
28 February 20241 THB = 0.4757 MXN
29 February 20241 THB = 0.4753 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.
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