The Mexican rebounded to 20.6 per USD in mid-October, not far from a near 7-month low of 20.90 touched on October 12th, as traders weighed an IMF fiscal policy report and inflation woes. IMF analysts highlighted that Mexico’s public deficit will total 0.1% of 2021 GDP, before switching to a surplus in 2022 and 2023, which contrasts sharply with other emerging economies, forecasts to reach public deficits around 4.8% of GDP this year. Elsewhere, the annual inflation rate in the US inched up to a 13-year high of 5.4%, above market expectations of 5.3%, reinforcing the Federal Reserve's stance to start tapering its asset purchases, which dent the appeal of peso-valued assets.

Historically, the Mexican Peso reached an all time high of 25.78 in April of 2020. Mexican Peso - data, forecasts, historical chart - was last updated on October of 2021.

The Mexican Peso is expected to trade at 20.88 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 21.44 in 12 months time.

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Mexican Peso

Majors Price Day Year
EURUSD 1.1605 0.0013 0.11% -0.95%
GBPUSD 1.3749 0.0079 0.58% 6.47%
AUDUSD 0.7421 0.0005 0.07% 4.85%
BTCUSD 61,413.6100 4,042.0300 7.05% 442.43%
NZDUSD 0.7069 0.0034 0.49% 7.03%
USDJPY 114.1920 0.3370 0.30% 8.34%
USDCNY 6.4347 -0.0012 -0.02% -3.89%
USDCHF 0.9222 -0.0020 -0.22% 0.82%
USDCAD 1.2377 0.0004 0.03% -6.14%
USDMXN 20.3466 -0.2076 -1.01% -3.80%
USDINR 75.0130 0.0375 0.05% 2.14%
USDBRL 5.4572 -0.0560 -1.02% -3.29%
USDRUB 71.0650 -0.2201 -0.31% -8.74%
DXY 93.9279 -0.0281 -0.03% 0.26%
USDKRW 1,178.7200 0.5440 0.05% 2.90%
USDTRY 9.2472 0.0722 0.79% 16.60%
USDSEK 8.6069 -0.0301 -0.35% -2.60%
USDPLN 3.9315 -0.0122 -0.31% 1.39%
USDNOK 8.4198 -0.0309 -0.37% -10.04%
USDZAR 14.6202 -0.1644 -1.11% -11.66%
USDDKK 6.4110 -0.0082 -0.13% 1.00%
USDSGD 1.3481 -0.0006 -0.05% -0.74%
USDILS 3.2203 0.0003 0.01% -4.59%
USDHKD 7.7775 -0.0022 -0.03% 0.35%
USDCLP 823.2000 -2.4200 -0.29% 3.77%
USDPKR 170.7000 -0.3000 -0.18% 5.27%
USDCZK 21.8675 -0.0255 -0.12% -6.15%
USDHUF 309.4980 0.0650 0.02% -0.16%
Crosses Price Day Year
USDMXN 20.3466 -0.2076 -1.01% -3.80%
EURMXN 23.6092 -0.2125 -0.89% -4.72%
GBPMXN 27.9730 -0.1212 -0.43% 2.44%
AUDMXN 15.2441 0.0004 0.002% -4.19%
NZDMXN 14.4950 0.0360 0.25% -1.82%
MXNJPY 5.6110 0.0740 1.34% 12.61%
MXNCNY 0.3128 -0.0003 -0.09% -0.28%
MXNCHF 0.0449 -0.00003 -0.08% 9.79%
MXNCAD 0.0601 -0.0001 -0.19% -0.20%
MXNARS 4.8148 0.0006 0.01% 32.98%
MXNBRL 0.2683 0.0001 0.04% 2.45%
MXNCZK 1.0657 0.0005 0.05% 6.69%
MXNDKK 0.3120 -0.0003 -0.09% 9.94%
MXNHUF 15.0851 0.0306 0.20% 15.05%
MXNIDR 683.8639 0.0872 0.01% -1.22%
MXNINR 3.6477 -0.00001 -0.0001% 9.78%
MXNKRW 57.3653 0.0447 0.08% 7.95%
MXNMYR 0.2022 0.0002 0.10% 8.13%
MXNRUB 3.4645 -0.0036 -0.10% 3.81%


Mexican Peso
The USDMXN spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the MXN. While the USDMXN spot exchange rate is quoted and exchanged in the same day, the USDMXN forward rate is quoted today but for delivery and payment on a specific future date.