The Mexican peso traded lower at 22.3 against the USD, remaining close to a seven-week low touched in the previous session on the back of a stronger dollar. The currency was also pressured by a drop in oil prices and mounting concerns over surging global coronavirus infections and its impact on the economic recovery. On September 24th, the Bank of Mexico cut the its benchmark interest rate by 25 bps to a four-year low of 4.25%, citing an environment of uncertainty and downside risks and amid rising inflation.

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 September of 2020.

The Mexican Peso is expected to trade at 22.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 22.98 in 12 months time.

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Mexican Peso

Majors Price Day Year
EURUSD 1.1632 -0.0042 -0.36% 6.30%
GBPUSD 1.2743 -0.0011 -0.09% 3.66%
AUDUSD 0.7027 -0.0030 -0.42% 3.93%
NZDUSD 0.6546 -0.0006 -0.09% 4.55%
USDJPY 105.5660 0.1280 0.12% -2.18%
USDCNY 6.8228 0.0085 0.13% -4.43%
USDCHF 0.9289 0.0023 0.24% -6.91%
USDCAD 1.3385 0.0038 0.29% 1.10%
USDMXN 22.3405 0.2221 1.00% 13.25%
USDINR 73.6700 -0.2300 -0.31% 4.29%
USDBRL 5.5624 0.0535 0.97% 33.87%
USDRUB 78.1379 1.0021 1.30% 20.56%
DXY 94.6420 0.2880 0.31% -4.47%
USDKRW 1,171.8480 4.3270 0.37% -2.19%
USDZAR 17.1186 0.2073 1.23% 13.12%
USDSGD 1.3776 0.0029 0.21% -0.31%
USDHKD 7.7501 -0.0001 -0.001% -1.13%
Crosses Price Day Year
USDMXN 22.3405 0.2221 1.00% 13.25%
EURMXN 25.9000 0.0794 0.31% 20.41%
AUDMXN 15.6976 0.0904 0.58% 17.90%
GBPMXN 28.4294 0.2237 0.79% 17.22%
MXNCAD 0.0599 -0.0004 -0.71% -10.72%
MXNCHF 0.0416 -0.0003 -0.75% -17.80%
MXNJPY 4.7153 -0.0490 -1.03% -13.89%
NZDMXN 14.6241 0.1324 0.91% 18.40%
MXNBRL 0.2490 -0.0001 -0.03% 18.21%
MXNCNY 0.3054 -0.0027 -0.87% -15.61%
MXNINR 3.2976 -0.0435 -1.30% -7.91%
MXNKRW 52.4539 -0.3312 -0.63% -13.63%
MXNRUB 3.4976 0.0102 0.29% 6.46%
MXNARS 3.3879 -0.0378 -1.10% 16.05%
MXNCZK 1.0422 -0.0080 -0.76% -13.12%
MXNDKK 0.2864 -0.0018 -0.62% -17.50%
MXNHUF 13.9681 -0.0795 -0.57% -10.24%
MXNIDR 664.4874 -6.6733 -0.99% -7.62%
MXNMYR 0.1866 -0.0017 -0.92% -12.03%



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.