Today, Thursday, January 4, 2024, the dollar price in Mexico averages 17.03 pesosA sign of the week characterized by the stability of the Mexican currency against the US dollar.
At the close of business on the following day, Wednesday, January 3, 2024, The dollar to peso exchange rate for each US currency was 17.01 pesos. This behavior is consistent with the steady trend observed during the first week of the new year.
Regarding the exchange rate provided by Banxico published daily in the Official Gazette of the Federation (DOF), This Thursday’s figure is 17.0492 pesos per dollar. Additionally, the exchange rate used to calculate the liability in dollars is 17.0297 pesos per dollar, according to the DOF.
Mexico’s major banks today vary their buying and selling rates for the dollar. for example, Azteca Bank indicates the purchase rate of 16.45 pesos and selling rates 17.85 pesos. In addition, BBVA Bancomer presents rates 16.16 pesos and 17.29 pesos for buying and selling respectively. for its part, Banorte has a purchase rate of 15.95 pesos and selling rates 17.35 Peso
It is important to keep in mind that the value of the dollar experiences constant changes in its buying and selling rates, so the price may change when making over-the-counter transactions. To stay informed about exchange rate trends, it is recommended to follow the news to understand whether the dollar is experiencing upward or downward movement and the reasons behind these changes.