The Mexican peso hits its strongest level against the dollar in 6 months
Helped by a steady Mexican interest rate and a negative U.S. job report, the peso followed its strong Thursday finish with continued gains through Friday.
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Helped by a steady Mexican interest rate and a negative U.S. job report, the peso followed its strong Thursday finish with continued gains through Friday.
The MND Peso Index™ indicates that the Mexican peso was overvalued by 2.91% against the US dollar in June 2026, based on prices collected in various Mexican cities and Dallas, Texas. This analysis assesses the true exchange rate of the currency.
The strength of the Mexican peso is making the country unaffordable for American expats who initially moved there seeking a cheaper cost of living.
The Mexican peso continued to lose value against the dollar as Trump continued to threaten Iran and unemployment rose in the U.S. The post Peso continues to slide amid Iran war risks, nearing 18 to…
The Mexican peso has seen significant fluctuations against the dollar since 2000, ranging from an all-time low of 8.94 to a record high of 25.12 pesos per dollar.
Experts forecast the Mexican peso to reach an exchange rate of 17.78 to the US dollar by July 1, 2027, representing a 1.6% depreciation from its June 2026 closing rate.
Mexico News Daily has developed the MND Peso Index™, a new monthly economic indicator designed to measure whether the Mexican peso is overvalued or undervalued against the US dollar.
A historian details how the Mexican peso was one of the world's most valuable currencies for three centuries, accepted globally during and after Spanish colonization.
Mexico News Daily has introduced the MND Peso Index™, a new monthly economic indicator designed to assess whether the Mexican peso is overvalued or undervalued against the US dollar, with its first report for May 2026.
The Mexican peso fell past 18 per dollar for the first time since December, following Banxico's surprise interest rate cut, rising inflation, an unexpected trade deficit, and Middle East tensions.