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Mexican peso Markets

MXN Currency Update - Our review of Mexican peso forecasts and news plus charts and historic rates. Check MXN Trends over various time periods.

 

The Mexican Peso (MXN) has experienced notable fluctuations in recent weeks, influenced by various economic and political factors. A key driver of the peso's strength has been the interest rate differential, with the Bank of Mexico (Banxico) maintaining higher rates compared to the U.S. Federal Reserve. This has attracted investors seeking better returns, leading to a temporary boost in the MXN.

However, analysts caution that the recent expiration of a temporary freeze on U.S. tariff hikes may introduce volatility in the coming months. There are expectations of a moderate decline in the peso due to the renewed threat of tariffs, which could impact trade relations with the U.S., Mexico's largest trading partner. This sentiment is compounded by reports of a 0.7% year-over-year decline in the Global Indicator of Economic Activity for February 2025, raising concerns over Mexico's economic performance and future growth prospects.

In addition, the election of Claudia Sheinbaum as Mexico's first female president has resulted in a supermajority in Congress. This political shift has raised alarms regarding potential anti-market reforms, which could further affect investor confidence in the peso.

Recent pricing data shows the MXN to USD exchange rate at 0.054445, which is 1.8% above the three-month average, indicating relative stability in this currency pair with a range of just 5.2%. Similarly, the MXN to EUR rate at 0.046182 is only 0.8% above its three-month average, reflecting a stable trading range. In comparison, the MXN to GBP has reached 30-day highs at 0.040187, 1.4% above its comparative average, while the MXN to JPY is trading at 8.0531, a notable 2.4% above its three-month average.

Market conditions suggest careful monitoring is crucial as the interplay between tariff policies, economic indicators, and political developments may significantly influence the MXN's trajectory going forward.

 

US dollar to Mexican peso - USD/MXN Trend

 
USD to MXN at 18.37 is 1.7% below its 3-month average of 18.69, having traded in a quite stable 5.2% range from 18.29 to 19.24
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1 USD =
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MXN
 
90dlows
1d+0.3%
 
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Top MXN Rates


Mexican peso to US dollar
MXNUSD 90 day chart

MXN to USD at 0.054445 is 1.8% above its 3-month average of 0.053497, having traded in a quite stable 5.2% range from 0.051974 to 0.054684
MXN to USD
0.054453
90dhighs
1d−0.3%

Mexican peso to Euro
MXNEUR 90 day chart

MXN to EUR at 0.046182 is just 0.8% above its 3-month average of 0.045809, having traded in a very stable 3.0% range from 0.045094 to 0.046447
MXN to EUR
0.046289
1d0.0%

Mexican peso to Canadian dollar
MXNCAD 90 day chart

MXN to CAD at 0.075086 is 2.1% above its 3-month average of 0.073565, having traded in a quite stable 5.1% range from 0.071527 to 0.075183
MXN to CAD
0.075203
90dhighs
1d−0.1%

Mexican peso to British pound
MXN to GBP is at 30-day highs near 0.040187, 1.4% above its 3-month average of 0.039617, having traded in a quite stable 4.3% range from 0.038578 to 0.040242
MXN to GBP
0.040314
30dhighs
1d+0.3%

Mexican peso to Indian rupee
MXNINR 90 day chart

MXN to INR at 4.8025 is 3.2% above its 3-month average of 4.6552, having traded in a relatively stable 6.8% range from 4.5011 to 4.8059
MXN to INR
4.7982
90dhighs
1d+0.1%

Mexican peso to Japanese yen
MXN to JPY at 8.0531 is 2.4% above its 3-month average of 7.8672, having traded in a quite stable 5.8% range from 7.6199 to 8.0597
MXN to JPY
8.0540
1d+0.4%

Mexican peso to Australian dollar
MXN to AUD at 0.082271 is just 0.5% above its 3-month average of 0.081859, having traded in a very stable 3.0% range from 0.080621 to 0.083026
MXN to AUD
0.082447
14dhighs
1d+0.3%

Mexican peso to Singapore dollar
MXN to SGD at 0.069781 is 1.7% above its 3-month average of 0.068621, having traded in a quite stable 4.2% range from 0.066987 to 0.069828
MXN to SGD
0.069909
90dhighs
1d0.0%

Mexican peso to Chinese yuan
MXNCNY 90 day chart

MXN to CNY at 0.3872 is 1.0% above its 3-month average of 0.3832, having traded in a quite stable 4.2% range from 0.3732 to 0.3890
MXN to CNY
0.3874
90dhighs
1d−0.1%

A-Z


Mexican peso to Canadian dollar
MXNCAD 90 day chart

MXN to CAD at 0.075086 is 2.1% above its 3-month average of 0.073565, having traded in a quite stable 5.1% range from 0.071527 to 0.075183
MXN to CAD
0.075203
90dhighs
1d−0.1%

Mexican peso to US dollar
MXNUSD 90 day chart

MXN to USD at 0.054445 is 1.8% above its 3-month average of 0.053497, having traded in a quite stable 5.2% range from 0.051974 to 0.054684
MXN to USD
0.054453
90dhighs
1d−0.3%