The Mexican peso crisis was a currency crisis sparked by the Mexican government's sudden devaluation of the peso against the U.S. dollar in December 1994, which became one of the first international f
Monument to Luis Donaldo Colosio in Mexico City's Paseo de la Reforma.
Construction workers working on a residential building in Tijuana, Mexico.
The Mexican peso is the official currency of Mexico. The currency was first introduced in 1863, replacing the old Spanish colonial real.
Mexican peso crisis
…The Mexican peso crisis was a currency crisis sparked by the Mexican government's sudden devaluation of the peso against the U.S. dollar in December 1994, which became one of the first international financial crises ignited by capital flight. In the months leading…
Front and back of an 1866 twenty-peso gold coin, depicting Maximilian I of Mexico
Peseta or 25 centavos, 1889
Tostón, or 50 centavos, 1919