Historic Thai baht Mexican peso

Thai baht mexican peso history for May 2020. The highest quote for this month is 0.76468 (01/05/2020) and the lowest 0.75192 (04/05/2020). The difference between high and low is 1.67.

THB MXN average rate for May 2020 is 0.73391, the change between 01/05/2020 and 31/05/2020 is +6.69 %.

01 May 20201 THB = 0.7468 MXN
04 May 20201 THB = 0.7646 MXN
05 May 20201 THB = 0.7439 MXN
06 May 20201 THB = 0.7409 MXN
07 May 20201 THB = 0.7532 MXN
08 May 20201 THB = 0.7423 MXN
11 May 20201 THB = 0.7337 MXN
12 May 20201 THB = 0.7436 MXN
13 May 20201 THB = 0.7582 MXN
14 May 20201 THB = 0.7544 MXN
15 May 20201 THB = 0.7436 MXN
18 May 20201 THB = 0.7468 MXN
19 May 20201 THB = 0.7411 MXN
20 May 20201 THB = 0.7414 MXN
21 May 20201 THB = 0.7290 MXN
22 May 20201 THB = 0.7185 MXN
25 May 20201 THB = 0.7111 MXN
26 May 20201 THB = 0.7059 MXN
27 May 20201 THB = 0.6972 MXN
28 May 20201 THB = 0.6993 MXN
29 May 20201 THB = 0.6969 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.