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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.
The caja de conversión was the body responsible for maintaining the value of the Argentine peso in gold, as part of the currency board that operated in Argentina before 1935. [1] It was a precursor of sorts to the Argentine Currency Board of the 1990s.
The Casa de Moneda was established on 11 May 1535 by the Spanish viceroy Antonio de Mendoza by a decree from the Spanish Crown to create the first mint in the Americas. [1] [2] It was built on top of Moctezuma's Casa Denegrida, the black house where the last emperor of the Aztecs used to meditate, and which was part of the Casas Nuevas de Moctezuma.
The lempira was named after the 16th-century cacique Lempira, a ruler of the indigenous Lenca people, who is renowned in Honduran folklore for leading the local native resistance against the Spanish conquistador forces.
The President delayed the planned June launch date of the sovereign bolívar, citing from Aristides Maza, "the period established to carry out the conversion is not enough". [40] The revaluation was rescheduled to 20 August 2018, and the rate changed to 100,000 to 1, with prices being required to be expressed at the new rate starting 1 August 2018.
Alternative currencies increase in activity if the local economy slows down, and decrease in activity if the local economy goes up. [9] [dubious – discuss] They are most successful if the currency circulates within the users, in cycles or loops, as shown in an analysis of the use of Sardex by 1,477 entities in Sardinia in 2013 and 2014.
USD to Argentine peso exchange rates, 1976–1991 USD to Argentine peso exchange rate, 1991–2022. The following table contains the monthly historical exchange rate of the different currencies of Argentina, expressed in Argentine currency units per United States dollar.
The escudo was the currency of Chile between 1960 and 1975, divided into 100 centésimos.It replaced the (old) peso at a rate of 1 escudo = 1000 pesos and was itself replaced by a new peso, at a rate of 1 peso = 1000 escudos.