United States dollar mexican peso exchange rate history (USD MXN) October 2023

United States dollar mexican peso history for October 2023. The highest quote for this month is 18.489 (07/10/2023) and the lowest 18.23 (19/10/2023). The difference between high and low is 1.4.

USD MXN average rate for October 2023 is 18.08988, the change between 01/10/2023 and 31/10/2023 is -3.66 %.

01 October 2023	1 USD = 17.41 MXN
03 October 2023	1 USD = 17.66 MXN
04 October 2023	1 USD = 18.01 MXN
06 October 2023	1 USD = 18.28 MXN
07 October 2023	1 USD = 18.16 MXN
09 October 2023	1 USD = 18.23 MXN
10 October 2023	1 USD = 18.21 MXN
11 October 2023	1 USD = 17.93 MXN
13 October 2023	1 USD = 17.97 MXN
16 October 2023	1 USD = 18.05 MXN
17 October 2023	1 USD = 17.91 MXN
18 October 2023	1 USD = 18.00 MXN
19 October 2023	1 USD = 18.24 MXN
20 October 2023	1 USD = 18.31 MXN
21 October 2023	1 USD = 18.22 MXN
22 October 2023	1 USD = 18.23 MXN
23 October 2023	1 USD = 18.20 MXN
24 October 2023	1 USD = 18.13 MXN
25 October 2023	1 USD = 18.26 MXN
26 October 2023	1 USD = 18.33 MXN
27 October 2023	1 USD = 18.14 MXN
28 October 2023	1 USD = 18.11 MXN
29 October 2023	1 USD = 18.11 MXN
30 October 2023	1 USD = 18.11 MXN
31 October 2023	1 USD = 18.05 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.