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The Mexican peso is the 16th most traded currency in the world, the third most traded currency from the Americas (after the United States dollar and Canadian dollar), and the most traded currency from Latin America. [5] As of 2 January 2025, the peso's exchange rate was $21.16 per euro, $20.62 per U.S. dollar, and $14.28 per Canadian dollar.
The Canadian dollar touched a five-year low of C$1.4474 per dollar on Monday. The Mexican peso hit a 2-1/2 year low of 20.94 per dollar on Friday. [FRX/]
That sent the Mexican peso sliding 1% against the dollar while the Canadian dollar tumbled to a five-year low of C$1.4515.
Both the Mexican peso and the Canadian dollar weakened relative to the US dollar in the 24 hours since Trump announced the new tariffs, while the Chinese yuan hit a new low.
On December 22, the Mexican government allowed the peso to float, after which the peso depreciated another 15%. [6]: 179–180 The value of the Mexican peso depreciated roughly 50% from 3.4 MXN/USD to 7.2, recovering only to 5.8 MXN/USD four months later. Prices in Mexico rose by 24% over the same four months, and total inflation in 1995 was 52%.
USD at par Bolivia: Bolivian boliviano: Banco Central de Bolivia Brazil: Brazilian real: Banco Central do Brasil Canada: Canadian dollar: Bank of Canada: float Chile: Chilean peso: Banco Central de Chile Colombia: Colombian peso: Banco de la República Costa Rica: Costa Rican colón: Banco Central de Costa Rica El Salvador: United States dollar
The Trump administration levied tariffs of 25% on Canada and Mexico and 10% on China on Saturday, ... meaningful US Dollar strength relative to Peso & Canadian Dollar; US equities may come under ...
Canadian dollar banknotes were later issued by the chartered banks starting in the 1830s, ... Mexican peso: MXN $, Mex$ 1.7%: 1.5%: 0.2pp New Taiwan dollar: TWD