Mexican Peso - Quote - Chart - Historical Data (2024)

FAQs

Mexican Peso - Quote - Chart - Historical Data? ›

US Dollar to Mexican Peso Exchange Rate is at a current level of 19.33, up from 19.24 the previous market day and up from 17.09 one year ago. This is a change of 0.47% from the previous market day and 13.08% from one year ago.

US Dollar to Mexican Peso Exchange Rate is at a current level of 19.33, up from 19.24 the previous market day and up from 17.09 one year ago. This is a change of 0.47% from the previous market day and 13.08% from one year ago.

The highest Mexican peso to US dollars rate was on April 9, 2024 when 1 Mexican peso was worth 0.0612 US dollar.

The lowest US dollar to Mexican pesos rate was on April 9, 2024 when 1 US dollar was worth 16.3280 Mexican peso.

In 1970, the value of the MXN with respect to the USD was $12.50/USD, and the exchange rate was fixed. ...

High interest-rate differentials relative to the U.S. have also contributed to the peso appreciation. The Mexican peso has gained around 18 percent against the dollar in the past two years. A sustained appreciation of the peso boosts the relative cost of exports and reduces the cost of imports and could slow growth.

The Mexican Peso is expected to trade at 19.85 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 20.27 in 12 months time.

1 USD = 18.57 MXN - Today's Best US Dollar to Mexican Peso Exchange Rates.

Examples of present-day values

a $100,000 peso note dating back to 1991 is exchangeable today for a current-day $100 peso note; $1 and $5 peso notes dating back to pre-1975 are worth fractions of a Mexican cent and are now no more than museum pieces and collectors' items.

What is the strongest currency in the world? ›

The Kuwaiti Dinar is renowned as the strongest currency in the world. Introduced in 1961, it has maintained a commanding presence due to Kuwait's substantial oil reserves, which account for a significant portion of its economic output.

The best time for MXN trading is typically in the morning, when financial markets are open and there is a steady flow of economic news. Bid-ask spreads tend to widen during quiet periods and narrow when trading is more active.

In December 1994, Mexico entered a financial crisis. The government abandoned its crawling peg exchange rate policy, letting the peso float and devalue substantially. The recently privatized banking sector found difficulties in meeting regulatory minimum capital.

If you have a 10,000 Mexican Peso note, then you have a bill printed and introduced before the peso devaluation in 1993. That's when the Mexican government just lopped three zeros off the end; meaning that your 10,000 peso note in old pesos is worth 10 new pesos, or about fifty cents U.S.

A 1538 8 Reales is far and away the most valuable Mexican coin ever recorded, having sold at auction in 2016 for $528,000. But it's not the only one that can command an extremely high price.