Mexico: USD exchange rate

* indicates monthly or quarterly data series
 Mexico

USD Exchange rate

 Latest value 16.7415
 Reference May 2024
 Measure Mexican Pesos per USD
 Data availability January 2000 - May 2024
 Average 14.3666
 Min - Max 9.0511 - 24.248
 Source Google Finance
The currency chart for Mexico shows historical data for the Mexican Pesos per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Mexican Pesos per USD. Depreciation implies that goods from Mexico become cheaper to export and it becomes cheaper for foreigners to visit Mexico.

The series for Mexico are available from January 2000 to May 2024. For that period, the average exchange rate for Mexico was 14.3666 Mexican Pesos per USD with a minimum of 9.0511 Mexican Pesos per USD in March 2002 and a maximum of 24.248 Mexican Pesos per USD in April 2020. The most recent available data point is 16.7415 Mexican Pesos per USD, a change of 0.1% from the previous data point of 16.724 Mexican Pesos per USD and a change of -5.55% from a year ago when the level was 17.7257 Mexican Pesos per USD.

Currency values in Mexico and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.
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* indicates monthly or quarterly data series


Recent values chart
Mexico - USD exchange rate - recent values

Historical chart
Mexico - USD exchange rate - historical chart - 2000-2024
Measure: Mexican Pesos per USD
Source: Google Finance


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Definition: The amount of local currency units that can be exchanged for one USD. An increase (decrease) means USD appreciation (depreciation). The values are monthly averages of the daily exchange rates provided by Google Finance.

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 Inflation, monthly 0.44 9/2023 percent
 Inflation, annual 4.45 9/2023 percent
 Private sector credit 5,557.26 9/2023 billion
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 Mortgage credit 1,329.11 9/2023 billion
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 Deposit interest rate 7.40 9/2023 percent
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 Household debt to GDP 16.30 9/2023 percent
 Debt service ratios for private non-financial sector 5.20 Q3/2023 percent
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