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USD/MXN exchange rate. Mexican peso crisis in 1994 was an unpegging and devaluation of the peso and happened the same year NAFTA was ratified. [2]The Mexican peso (symbol: $; currency code: MXN; also abbreviated Mex$ to distinguish it from other peso-denominated currencies; referred to as the peso, Mexican peso, or colloquially varo) is the official currency of Mexico.
On December 22, the Mexican government allowed the peso to float, after which the peso depreciated another 15%. [6]: 179–180 The value of the Mexican peso depreciated roughly 50% from 3.4 MXN/USD to 7.2, recovering only to 5.8 MXN/USD four months later. Prices in Mexico rose by 24% over the same four months, and total inflation in 1995 was 52%.
English: The exchange rate of Mexican pesos per U.S. dollar since November 1991. Source: Bank of Mexico Source: Bank of Mexico Español: El tipo de cambio de pesos por dólar estadounidense desde noviembre de 1991.
The peso, seen as vulnerable to new tariffs Trump plans to impose, is down 4% from its September high. MSCI's gauge for Latin American currencies has slipped over 3% during that period.
Peru's sol currency was down 0.1% at 3.84, while its stock index tumbled 5.7%, on track for its worst session in seven weeks. The final result may not be known for days, but Peru's currency and ...
English: USD / Mexican Peso exchange rate 1972 - 2022. Date: 24 September 2022: ... File history. Click on a date/time to view the file as it appeared at that time.
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TIIE (Spanish: Tasa de interés interbancaria de equilibrio, English Interbank Equilibrium Interest Rate) is a reference rate for the currency Mexican peso. The TIIE is a representative rate of credit operations between banks and is calculated by the Bank of Mexico .