This was the exchange rate at the end of the day of Today Monday September 23, 2024: he Mexican peso was just under 10:00 am 20 units per dollar.
Since last June, the Mexican peso he saw a depreciation against the dollar which was aggravated after the discussion at the reform of the judiciarywhich would have also affected foreign investments.
In 2023, the Mexican peso gained value against the dollarabout to reach 15 units, positioning itself as the most stable currency worldwide, however, it is at parameters not seen since 2022.
Peso at just under 20 units per dollar: This is the exchange rate at the close of business today, Monday, September 23, 2024
As the Bank of Mexico points out, in the Closing day today Monday September 23he weight was left in 19.4104 units per dollarplacing the exchange rate at 19.4150 pesos.
He The peso rose today, Monday, September 23, to 19.3725 units per dollaraccording to the exchange rate published in the Official Gazette of the Federation (DOF).
Therefore, the Bank of Mexico established that the maximum in the sale of dollars Today Monday September 23, 2024 was 19.4800 Mexican pesos, while the minimum was 19.3340 units.
Investing points out that the Mexican peso had a gain of 0.016% at the close of Today Monday September 23 and sets the exchange rate at 19.43 units (the same as the Mexican Stock Exchange).
This is the exchange rate in various banks for the Closing day today Monday September 23, 2024:
- Affirm: buy at 18.30 | sell at 19.90 pesos per dollar
- Banco Azteca: 18.50 | 19.75 pesos per dollar
- Banorte: 18.20 | 19.80 pesos per dollar
- BBVA Bancomer: 18.56 | 19.71 pesos per dollar
- CI Banco: 18.05 pesos per dollar in buying and selling
- Banamex: 18.80 | 19.87 pesos per dollar
- Inbursa: 19.00 | 20.00 pesos per dollar
- Multiva: 19.62 pesos per dollar in buying and selling
Peso could be affected by the next monetary policy of the Bank of Mexico
Specialized financial media (Investing and El Economista) predict that the Mexican peso could experience a change by September 26, because the Bank of Mexico will announce its monetary policy.
According to what is mentioned in its articles, the Bank of Mexico and its announcement of interest rates (which may possibly have a new cut) would have a Negative reaction in the Mexican peso against the dollar.
Analysts would point out that this depreciation of approximately 15 cents It could be presented days before the announcement of the Bank of Mexico, which if it is 25 bp (basis points), would perhaps dissipate that same day.
At the beginning of September, El Financiero had pointed out that the Mexican peso could exceed its maximum of 20 units per dollar in 2024reaching as high as 20.50 pesos; it was also pointed out as the most depreciated currency this year.
The Mexican peso could go up or down in the coming days and it depends on this. (Isabel Mateos Hinojosa)
2024-09-24 03:18:07