The US dollar was paid at the close at 20.63 Mexican pesos, a decrease of 0.89% compared to 20.82 Mexican pesos the previous day.
Compared to last week, the US dollar recorded a decrease of 1.34%; but in the last year it still maintains an increase of 4.78%. Compared to previous days, he added two consecutive sessions of negative numbers. The volatility figure was 5.34%, which is clearly lower than the annual volatility figure (9.23%), so it is performing more stable than usual recently.
In the annual photo, the US dollar has even changed by a high of 21.36 Mexican pesos, while its lowest level has been 20.23 Mexican pesos. The US dollar is placed closer to its low than its maximum.
The Mexican peso is the legal tender of Mexico and is the first currency in the world to use the $ sign, which was later taken up by the United States for the dollar.
The Mexican peso is the fifteenth most traded currency in the world, the first most traded in Latin America and the third most widely traded currency in Latin America and the third at the continent level only behind the US and Canadian dollars.
Currently the abbreviation MXN is used to talk about the Mexican peso, but before 1993 the acronym MXP was used.
The coins that are normally used in Mexico have a semicircular shape and have the national coat of arms on the reverse. One Mexican peso equals 100 cents. There are coins of 1, 5, 10 and 20 pesos; while in banknotes there are 20, 50, 100, 200, 500 and 1,000 pesos.
Currently, the Mexican peso has been hit by its stability after the arrival of the SARS-CoV-2 pandemic in the world, as well as other events that have marked it as electoral processes both nationally and for the United States, one of Mexico's main trading partners.
Uncontrollable inflation, also as a result of COVID-19, which keeps monetary policy on hold, has also left the weight between uncertainty in the face of an almost always strong dollar.
During 2021, the Mexican peso closed with a 2.72% depreciation against the dollar, although it remained largely stable to trade flows and, in particular, exports to the United States.
According to the forecasts of the Banco de México (Banxico), for 2022 the Mexican peso is expected to rise and reach 21.34 units per dollar.
Mexico declared a quarantine on March 23, 2020 in the face of the COVID-19 pandemic and kept only essential activities open, which had a hard impact on the economy that has not fully recovered.
Mexico's economy, the second largest in Latin America after Brazil, increased 5% in 2021, according to figures from the National Institute of Statistics and Geography (Inegi).
We recommend you:
Últimas Noticias
Debanhi Escobar: they secured the motel where she was found lifeless in a cistern
Members of the Specialized Prosecutor's Office in Nuevo León secured the Nueva Castilla Motel as part of the investigations into the case
The oldest person in the world died at the age of 119
Kane Tanaka lived in Japan. She was born six months earlier than George Orwell, the same year that the Wright brothers first flew, and Marie Curie became the first woman to win a Nobel Prize
Macabre find in CDMX: they left a body bagged and tied in a taxi
The body was left in the back seats of the car. It was covered with black bags and tied with industrial tape
The eagles of America will face Manchester City in a duel of legends. Here are the details
The top Mexican football champion will play a match with Pep Guardiola's squad in the Lone Star Cup
Why is it good to bring dogs out to know the world when they are puppies
A so-called protection against the spread of diseases threatens the integral development of dogs
