The Mexican peso hovered around 20.2 against the greenback in late October, close to a one-month high of 20.18 hit in the prior week, underpinned by hopes of a fourth interest rate hike this year as the October mid-month annual inflation rate came at 6.12%, above market expectations of 6.09%. In previous monetary policy decisions, the Bank of Mexico has reassured market participants of its proactive stance to curb inflation expectations. Additionally, strong economic recovery signs added momentum to the peso, with the latest labor market data showing the unemployment rate inching lower by a decimal percentage point to 4.2%, while retail sales advanced 7.2% in August, faster than market expectations of a 6.6% rise.

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 20.36 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 20.91 in 12 months time.

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Mexican Peso

Majors Price Day Year
EURUSD 1.1603 0.0008 0.07% -1.24%
GBPUSD 1.3768 0.0004 0.03% 6.02%
AUDUSD 0.7533 0.0026 0.35% 6.88%
BTCUSD 60,712.2900 384.0700 0.64% 357.35%
NZDUSD 0.7162 0 0% 7.76%
USDJPY 114.1700 -0.0100 -0.01% 9.46%
USDCNY 6.3778 -0.0007 -0.01% -5.18%
USDCHF 0.9198 0 0% 1.01%
USDCAD 1.2387 -0.0007 -0.06% -7.00%
USDMXN 20.1958 -0.0047 -0.02% -5.03%
USDINR 74.8840 -0.0530 -0.07% 0.95%
USDBRL 5.5664 -0.0002 -0.004% -3.12%
USDRUB 69.3538 0.0316 0.05% -12.43%
DXY 93.9162 -0.0328 -0.03% 0.55%
USDKRW 1,162.8450 -1.4081 -0.12% 2.79%
USDTRY 9.5300 -0.0035 -0.04% 15.43%
USDSEK 8.6066 -0.0069 -0.08% -2.74%
USDPLN 3.9715 -0.0039 -0.10% 0.78%
USDNOK 8.3560 -0.0055 -0.07% -9.18%
USDZAR 14.8288 0.0277 0.19% -9.48%
USDDKK 6.4112 -0.0042 -0.07% 1.17%
USDSGD 1.3470 -0.0004 -0.03% -1.31%
USDILS 3.1966 -0.0004 -0.01% -6.11%
USDHKD 7.7773 0.0015 0.02% 0.35%
USDCLP 803.6800 0 0% 3.93%
USDPKR 174.6000 0 0% 8.89%
USDCZK 22.1532 -0.0105 -0.05% -5.15%
USDHUF 314.6560 0.0730 0.02% 0.42%
Crosses Price Day Year
USDMXN 20.1958 -0.0047 -0.02% -5.03%
EURMXN 23.4326 0.0134 0.06% -6.20%
GBPMXN 27.8054 0.0027 0.01% 0.69%
AUDMXN 15.1497 0.0301 0.20% -4.78%
NZDMXN 14.4691 0.0071 0.05% -2.00%
MXNJPY 5.6517 -0.0003 -0.01% 15.30%
MXNCNY 0.3156 -0.0005 -0.14% 0.62%
MXNCHF 0.0455 -0.00004 -0.09% 11.25%
MXNCAD 0.0613 0.00001 0.02% 1.89%
MXNARS 4.9298 0.0087 0.18% 34.35%
MXNBRL 0.2755 0.0003 0.12% 2.35%
MXNCZK 1.0960 -0.0019 -0.17% 9.73%
MXNDKK 0.3175 0.0001 0.02% 11.87%
MXNHUF 15.5575 -0.0408 -0.26% 18.65%
MXNIDR 703.1335 1.9741 0.28% 0.71%
MXNINR 3.7076 -0.0083 -0.22% 11.58%
MXNKRW 57.6328 -0.0267 -0.05% 8.46%
MXNMYR 0.2057 0.0002 0.10% 10.01%
MXNRUB 3.4316 -0.0225 -0.65% 2.83%


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.