What was the currency in Mexico in 1970?

Information: Krause number KM# 460 Country Mexico Denomination 1 peso Year 1970-1983 Period United Mexican States (1970 - 1992) 8 more rows ...

What is the history of the Mexican peso?

During this period when silver was flowing to China, the Mexican peso became the standard coin throughout much of the world. In some ways, it was the first global product with a brand name—"Mexican pesos," not "silver," was the preferred term for currency among many peoples. Pesos were so familiar in China that they had cute little names for them.

What happened to the Mexican peso in the 1990s?

In the early 1990s, the Mexican peso's value remained relatively constant against the US dollar, despite a twice the inflation rate in Mexico compared to the US. For Mexican consumers, this led to a significant increase in income. Interest rates then fell to compensate for the increased inflation.