The Mexican currency has experienced a rise in international markets, standing at 16.48 pesos per wholesale dollar at its opening this Friday. This assessment represents a new low not seen since November 2015.
Despite the rebound in the dollar, caused by the unexpected growth in non-farm payrolls in March, The Mexican peso has shown an upward trendsupporting the vision of maintaining a restrictive rate for longer, as several members of the Federal Reserve have commented this week.
He strengthening of the Mexican peso in international markets reflects greater confidence in the country's economy, despite global volatility and external factors that could influence the exchange rate in the near future.
The US dollar or US dollar is the legal currency of the United States, its dependencies and other countries.
Today, Friday, April 5, 2024, the average dollar exchange rate in Mexico is:
1 Dollar = 16,507 Pesos
Buy16.18
Sale16,834
The dollar is the most important international reserve currency in the world and also the most used in international transactions.
Price of the dollar in banking institutions
To purchase
- Purchasing Entity
- Claim 15.60
- Bank of America 15.67
- Banorte 15.40
- BBVA Bancomer 15.62
- CIBank 16.91
- Citibanamex 15.93
- Multiva Financial Group 16.66
- Inbursa 16.00
- Monex 15.66
- SAT 16.5173
- Go for more 15.8723
dollar for sale
- Sales Entity
- Affirm 17.00
- Bank of America 17.51
- Banorte 16.80
- BBVA Bancomer 16.75
- CIBank 16.91
- Citibanamex 16.91
- Multiva Financial Group 16.66
- Inbursa 17.50
- Monex 17.31
- SAT 16.5173
- Go for more 17.0873
Volatility and strength
At the start of the session this Friday, April 5, the Mexican peso shows high volatility in the financial markets, but demonstrates its strength against the US dollar, reaching new lows for the year.
As the first week of April draws to a close, the national currency has managed to hold firm in the face of a US employment report that could prompt caution from the Federal Reserve (Fed), as well as growing geopolitical conflicts. .
Around 07:00 hours, Mexico City time, the exchange rate between the dollar and the Mexican peso stood at 16.48 units.
With this trend, the Mexican peso manages to recover from the losses recorded in the previous session, when it closed with a depreciation of 0.3 percent.
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