He dollar price today Friday May 17 averages $16.6873 Mexican pesos. His purchase value is located at $16.3303, while at the sale is placed at $17.0442.
It must be remembered that various banking institutions in the country and digital platforms sell the currency. The variations between the purchase and sale of the dollar in banks in Mexico are usually important.
If you want to know the price of the dollar in the banks, here we tell you how the currency is for purchase and sale in eight of the main institutions in the country: Azteca BankBanorte, BBVA, Citibanamex and others.
How do you buy the dollar today, Thursday, May 16, 2024?
- Affirm: $15.80 Mexican pesos
- Banco Azteca: $15.90 Mexican pesos
- Banorte: $15.60 Mexican pesos
- BBVA: $15.82 Mexican pesos
- Citibanamex: $16.19 Mexican pesos
- Inbursa: $16.30 Mexican pesos
- Intercam: $16.16 Mexican pesos
- Monex: $15.83 Mexican pesos
Selling price of the dollar today, Thursday, May 16, 2024
- Affirm: $17.20 pesos
- Banco Azteca: $17.44 pesos
- Banorte: $17.00 pesos
- BBVA: $16.96 pesos
- Citibanamex: $16.91 pesos
- Inbursa: $18.00 pesos
- Intercam: $17.17 pesos
- Monex: $17.53 pesos
What is the benefit of lowering the price of the dollar?
There is no doubt that the issue of the fluctuation of the dollar is of great interest in the financial and economic sphere, which is why the question arises of what happens to the Mexican currency when the dollar is declining, so here in Debate we tell you everything what this means for the country.
Import costs decrease
When the cost of the dollar decreases, the Mexican national currency becomes stronger, this means that it is easy to get imported products at much lower prices.
Tourism promotion
A lower dollar means it is a great incentive for foreign tourism, as that sector benefits on a large scale.
Inflation control
A large part of the products and raw materials sold internationally are denominated in dollars, so its decrease contributes to controlling inflation.
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