The average exchange rate for the US dollar in Mexico on Thursday, February 27, 2025, is 1 USD = 20.3753 MXN, a slight increase of 0.0219 MXN or 0.11%. The buying rate is 19.9775 MXN and the selling rate is 20.7732 MXN. This reflects a dynamic market influenced by various economic factors.
Understanding the Cambio del Dolar en Mexico
The “Cambio Del Dolar En Mexico,” or the exchange rate of the US dollar in Mexico, fluctuates daily. This fluctuation is driven by several factors including international market trends, economic performance of both countries, political climate, and trade balances. Keeping track of these changes is crucial for businesses, investors, and individuals involved in cross-border transactions.
On this particular day, the Mexican peso saw a minor appreciation against the US dollar. While a 0.11% change seems small, these daily variations accumulate over time and can significantly impact larger financial decisions.
Historical Trends of the Exchange Rate
Analyzing historical trends provides context for the current exchange rate. Over the past week, the peso has strengthened against the dollar by 0.35%. However, looking at longer periods, the peso has weakened:
- Monthly: Down -0.85%
- Quarterly: Down -1.31%
- Yearly: Down -1.31%
These longer-term trends suggest a broader depreciation of the Mexican peso against the US dollar.
Further historical analysis reveals the exchange rate fluctuations during the presidencies of Joe Biden and Andrés Manuel López Obrador (AMLO):
- Since Biden’s inauguration: Up 3.86%
- Since AMLO’s inauguration: Up 1.42%
These figures highlight the influence of political leadership and policy changes on the exchange rate.
Mexican Banking Institutions and the Dollar Exchange Rate
Various Mexican banks and governmental entities publish daily exchange rates. These institutions include:
- Afirme
- Banco Azteca
- Banco de México
- Banorte
- BBVA Bancomer
- Citibanamex
- And more
The table provided in the original article details the buying and selling rates for USD to MXN across these different institutions, revealing a range of values. This highlights the importance of comparing rates before conducting transactions.
Conclusion: Keeping Informed about the Cambio del Dolar
Staying updated on the “cambio del dolar en mexico” is crucial. Consulting reliable financial sources and comparing rates across different institutions can help individuals and businesses make informed decisions regarding currency exchange. While the daily fluctuation reported today might appear minor, understanding the broader context of historical trends and influential factors is essential for navigating the complexities of the foreign exchange market.
