The average exchange rate for the US dollar in Mexico on Thursday, February 27, 2025, was 1 USD = 20.3885 MXN (Mexican Pesos). This represents a slight increase of 0.035 MXN or 0.17% compared to the previous day. The buying rate (compra) was 19.9891 MXN, while the selling rate (venta) was 20.7879 MXN.
Weekly, Monthly, and Yearly Trends in the Mexican Dollar Exchange Rate (Cambio de Dólar)
The dollar’s performance against the Mexican peso has fluctuated over different time periods:
- Weekly: The exchange rate increased by 0.08 MXN (0.41%) compared to the week of February 23, 2025.
- Monthly: A decrease of 0.16 MXN (-0.79%) was observed compared to the exchange rate on January 31, 2025.
- Quarterly and Yearly: Both the quarterly and yearly comparisons, ending on December 31, 2024, show a decrease of 0.26 MXN (-1.25%).
- Presidential Terms: Since the beginning of President Biden’s term on January 19, 2021, the dollar has strengthened against the peso by 0.77 MXN (3.93%). Since President Andrés Manuel López Obrador (AMLO) took office on November 30, 2018, the dollar has gained 0.30 MXN (1.48%).
Mexican Bank Dollar Exchange Rates (Tipos de Cambio)
Different Mexican banks and government entities published varying dollar exchange rates on February 27, 2025. The following table provides a comparison:
| Entity | USD Buy (Compra) | USD Sell (Venta) |
|---|---|---|
| Afirme | 19.30 | 20.90 |
| Banco Azteca | 19.50 | 20.84 |
| Banco de México (FIX) | 20.4722 | |
| Banco de México (Interbank 48 hrs – Opening) | 20.5075 | 20.514 |
| Banorte | 19.25 | 20.80 |
| BBVA Bancomer | 19.62 | 20.77 |
| Citibanamex | 19.84 | 20.97 |
| Inbursa | 19.90 | 20.90 |
| Intercam | 19.9952 | 21.0015 |
| Monex | 19.44 | 21.48 |
| Ve por Mas | 19.8403 | 21.1403 |
Understanding the Mexican Dollar Exchange Rate (El Cambio de Dólar en México)
The Mexican peso exchange rate is influenced by various factors, including global economic conditions, interest rate differentials, trade balances, political stability, and market speculation. These factors contribute to the daily fluctuations in the cambio de dólar en México. Staying informed about these factors can help individuals and businesses make informed financial decisions. Consulting with a financial advisor is recommended for personalized guidance on navigating the complexities of the foreign exchange market.
