The Mexican peso extended gains towards an over 2-week high of 19.9 per USD in late July, amid a stronger risk appetite and higher oil prices after the Fed reassured its dovish stance, while domestic economic data supported hopes that the central bank will maintain a hawkish stance despite the country facing a new pandemic wave. Economic activity was seen rising 0.6% in May over April, faster than forecasts of a 0.3% gain, while Mexico’s jobless rate fell to 4.0% in June from 5.5% a year ago, with 7 million people entering the workforce. Also, the mid-month annual inflation rate stood at 5.75% in July, above the central bank’s long-term target ceiling of 4%. Finally, traders await Q2 national accounts to confirm a strong recovery in the economy, as market expectations see an almost 20% surge in GDP.

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 July of 2021.

The Mexican Peso is expected to trade at 20.28 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 20.92 in 12 months time.

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Mexican Peso

Majors Price Day Year
EURUSD 1.1881 0.0037 0.31% 0.12%
GBPUSD 1.3961 0.0056 0.41% 6.48%
AUDUSD 0.7395 0.0019 0.25% 2.78%
NZDUSD 0.7008 0.0050 0.71% 4.68%
USDJPY 109.5870 -0.3000 -0.27% 4.67%
USDCNY 6.4597 -0.0289 -0.45% -7.70%
USDCHF 0.9065 -0.0034 -0.37% -0.26%
USDCAD 1.2445 -0.0077 -0.62% -7.26%
USDMXN 19.8590 -0.0706 -0.35% -9.81%
USDINR 74.2450 -0.2450 -0.33% -0.84%
USDBRL 5.0454 -0.0703 -1.37% -2.10%
USDRUB 73.0703 -0.3048 -0.42% -0.10%
DXY 91.9436 -0.3784 -0.41% -1.16%
USDKRW 1,138.3360 -7.8019 -0.68% -4.41%
USDZAR 14.5531 -0.2214 -1.50% -13.15%
USDSGD 1.3534 -0.0032 -0.23% -1.34%
USDHKD 7.7733 -0.0074 -0.10% 0.30%
Crosses Price Day Year
USDMXN 19.8590 -0.0706 -0.35% -9.81%
EURMXN 23.5965 -0.0082 -0.03% -9.68%
GBPMXN 27.7250 0.0168 0.06% -3.95%
AUDMXN 14.6912 -0.0101 -0.07% -5.78%
NZDMXN 13.8818 0.0145 0.10% -6.01%
MXNJPY 5.5175 0.0055 0.10% 16.06%
MXNCNY 0.3254 -0.0001 -0.04% 3.39%
MXNCHF 0.0457 0.0001 0.20% 10.74%
MXNCAD 0.0628 -0.00004 -0.07% 4.24%
MXNARS 4.8359 0.0193 0.40% 50.01%
MXNBRL 0.2570 -0.0019 -0.73% 7.54%
MXNCZK 1.0831 0.0009 0.09% 4.83%
MXNDKK 0.3154 0.0004 0.12% 9.12%
MXNHUF 15.2210 -0.0392 -0.26% 11.06%
MXNIDR 725.2803 -0.3267 -0.05% 11.15%
MXNINR 3.7404 0.0027 0.07% 12.57%
MXNKRW 57.5061 -0.0032 -0.01% 6.75%
MXNMYR 0.2132 0.0009 0.41% 11.50%
MXNRUB 3.6834 0.0017 0.05% 14.53%



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.