The average exchange rate for the Mexican peso against the US dollar on Friday, February 28, 2025, was 1 USD = 20.4281 MXN, reflecting a slight increase of 0.0405 pesos or 0.2%. The buying rate was 20.016 MXN, while the selling rate reached 20.8402 MXN. This daily update provides valuable insight into the Valor Del Dolar Mexico
for individuals and businesses involved in cross-border transactions.
This represents a weekly increase of 0.12 pesos (0.61%), compared to February 23, 2025. However, when examining longer periods, the valor del dolar mexico
shows a slight decrease: down 0.12 pesos (-0.6%) compared to January 31, 2025, and down 0.22 pesos (-1.06%) compared to both the previous quarter (ending December 31, 2024) and the previous year (also ending December 31, 2024). Interestingly, the Mexican peso has strengthened against the dollar since the beginning of the Biden and AMLO presidencies, appreciating by 0.81 pesos (4.13%) since January 19, 2021, and 0.34 pesos (1.68%) since November 30, 2018, respectively.
Understanding the Valor del Dolar Mexico: Key Factors and Trends
Several factors influence the valor del dolar mexico
, including macroeconomic conditions in both Mexico and the United States, interest rate differentials, trade balances, and global economic sentiment. Keeping track of these factors can help individuals and businesses anticipate potential fluctuations in the exchange rate.
Mexican Bank and Government Exchange Rates
A comparative table outlines the buying and selling rates for the US dollar published by various Mexican banks and government entities. This information allows for a comprehensive understanding of the valor del dolar mexico
across different financial institutions.
Entity | USD | MXN | Buy | Sell |
---|---|---|---|---|
Afirme | 19.50 | 21.10 | ||
Banco Azteca | 19.50 | 20.89 | ||
Banco de México (FIX, Thursday) | 20.4722 | |||
Banco de México (Interbank 48hrs Open) | 20.4525 | 20.46 | ||
Banco de México (Interbank 48hrs High) | 20.659 | |||
Banco de México (Interbank 48hrs Low) | 20.447 | |||
Bank of America | 19.3424 | 21.5983 | ||
Banorte | 19.25 | 20.85 | ||
BBVA Bancomer | 19.51 | 21.05 | ||
Citibanamex | 19.90 | 21.03 | ||
DOF | 20.4722 | |||
Multiva | 20.53 | |||
Inbursa | 19.90 | 20.90 | ||
Intercam | 20.031 | 21.058 | ||
Monex | 19.50 | 21.56 | ||
Payments of Obligations | 20.4277 | |||
SAT | 20.4722 | |||
Ve por Mas | 19.9213 | 21.1463 |
Conclusion: Staying Informed About the Valor del Dolar Mexico
Monitoring the valor del dolar mexico
is crucial for anyone involved in financial transactions between Mexico and the United States. Utilizing resources like this daily update and consulting with financial professionals can provide valuable insights for informed decision-making.