Cryptocurrency Q&A
When did silver coins become a currency in Mexico?
When did silver coins become a currency in Mexico?
IncheonBeautyBloom
Tue Jan 28 2025
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6
answers
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I'm trying to figure out the specific time or period when silver coins started being used as currency in Mexico. I'm interested in understanding the historical background of this transition.
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6 answers
CryptoAce
Wed Jan 29 2025
To address these issues, the Mexican government introduced the “nuevo peso” (new peso).
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KDramaLegendaryStarlight
Wed Jan 29 2025
Silver coins and their value were in circulation in Mexico until the mid-20th century.
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IncheonBeauty
Wed Jan 29 2025
This new currency, referred to as MXN, was valued at 1000 of the old peso (MXP).
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CryptoWizard
Wed Jan 29 2025
These coins played a significant role in the country's economy during that period.
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GangnamGlitzGlamour
Wed Jan 29 2025
However, in 1979, Mexico faced an oil crisis that had far-reaching consequences.
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