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Mexico was famous - or infamous - for many years in having two things every six years (cada seis aos in Spanish): a presidential election
Mexico was famous - or infamous - for many years in having two things every six years (cada seis aos in Spanish): a presidential election and a currency devaluation. This was the case in 1976,1982,1988, and in 1994. In its last devaluation on December 20,1994 , the value of the Mexican peso (Ps) was officially changed from Ps3.25 =$1.00 to Ps5.31=$1.00 What was the percentage devaluation? In your answer, do not enter % symbol. Enter in decimal format rounding to 2 decimals. For example, if your result is 12.40% then enter -0.12 Your
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