USDMXN exchange rate. Mexican peso crisis in 1994 was an unpegging and devaluation of the peso and happened the same year NAFTA was ratified.. The Mexican peso (symbol: $; code: MXN) is the currency of Mexico.Modern peso and dollar currencies have a common origin in the 16th–19th century Spanish dollar, most continuing to use its sign, "$".. The
2 Banco de Mexico has two added notes about the history of the Contingent dollar sales mechanism: "1. Daily auction of dollars conducted as stipulated by the Foreign Exchange Commission in the press bulletin of February 19,1997 and circular 10/97 of Banco de México. 2.
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banco de méxico exchange rate
