FX rate to USD at the end of period rose 6.73% yoy to 18.2 per USD in Mexico in 2Q2024, according to the National Statistical Office. This is 9.09% more than in the previous quarter.
Historically, FX rate to USD at the end of period in Mexico reached an all time high of 23.5 per USD in 1Q2020 and an all time low of 0.013 per USD in 1Q1957. When compared to Mexico's main peers, FX rate to USD at the end of period in Belize amounted to 2.00 per USD, 7.77 per USD in Guatemala, 24.7 per USD in Honduras and 1.00 per USD in USA in 2Q2024.
Mexico has been ranked 64th within the group of 122 countries we follow in terms of FX rate to USD at the end of period, 20 places above the position seen 10 years ago.
| FX Rate to USD (End of Period) | Unit | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
| Belize | per USD | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | ||||||||||||||||
| Canada | per USD | 1.35 | 1.32 | 1.35 | 1.33 | 1.36 | ||||||||||||||||
| China | per USD | 6.87 | 7.26 | 7.30 | 7.14 | 7.22 | ||||||||||||||||
| El Salvador | per USD | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | ||||||||||||||||
| Guatemala | per USD | 7.80 | 7.85 | 7.86 | 7.83 | 7.79 | ||||||||||||||||
| Honduras | per USD | 24.6 | 24.6 | 24.6 | 24.7 | 24.7 | ||||||||||||||||
| Japan | per USD | 133 | 145 | 149 | 142 | 151 | ||||||||||||||||
| Mexico | per USD | 18.1 | 17.1 | 17.7 | 16.9 | 16.7 | ||||||||||||||||
| Nicaragua | per USD | 36.4 | 36.4 | 36.5 | 36.6 | 36.6 | ||||||||||||||||
| USA | per USD | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
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