United States dollar mexican peso exchange rate history (USD MXN) January 2024

United States dollar mexican peso history for January 2024. The highest quote for this month is 17.382 (17/01/2024) and the lowest 17.198 (17/01/2024). The difference between high and low is 1.06.

USD MXN average rate for January 2024 is 17.0479, the change between 01/01/2024 and 31/01/2024 is -1.12 %.

01 January 2024	1 USD = 16.96 MXN
02 January 2024	1 USD = 16.96 MXN
03 January 2024	1 USD = 17.02 MXN
04 January 2024	1 USD = 17.01 MXN
05 January 2024	1 USD = 17.01 MXN
06 January 2024	1 USD = 16.86 MXN
07 January 2024	1 USD = 16.85 MXN
08 January 2024	1 USD = 16.88 MXN
09 January 2024	1 USD = 16.83 MXN
10 January 2024	1 USD = 16.97 MXN
11 January 2024	1 USD = 16.98 MXN
12 January 2024	1 USD = 16.90 MXN
14 January 2024	1 USD = 16.87 MXN
15 January 2024	1 USD = 16.87 MXN
16 January 2024	1 USD = 16.89 MXN
17 January 2024	1 USD = 17.20 MXN
18 January 2024	1 USD = 17.19 MXN
19 January 2024	1 USD = 17.17 MXN
21 January 2024	1 USD = 17.14 MXN
22 January 2024	1 USD = 17.09 MXN
23 January 2024	1 USD = 17.18 MXN
24 January 2024	1 USD = 17.31 MXN
25 January 2024	1 USD = 17.23 MXN
26 January 2024	1 USD = 17.19 MXN
27 January 2024	1 USD = 17.13 MXN
28 January 2024	1 USD = 17.15 MXN
29 January 2024	1 USD = 17.17 MXN
30 January 2024	1 USD = 17.22 MXN
31 January 2024	1 USD = 17.15 MXN

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.

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.

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).

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.