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Peso Changes. In December 1904, the govertment of Mexico oticialy changod the valve of the Mexcan peso from 3.18 pesos per dotar to 551 pesos

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Peso Changes. In December 1904, the govertment of Mexico oticialy changod the valve of the Mexcan peso from 3.18 pesos per dotar to 551 pesos per dolar What was the percantage change in its valuo? Was this a dopreciation, devaluation, approciation, or revaluation? Explain What was the percentage chunge in its wave? The percontage change in pese value io (Found to tho decimal pisices.)

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