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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.
USD/MXN exchange rate Mexico inflation rate 1970-2022. The Mexican peso crisis was a currency crisis sparked by the Mexican government's sudden devaluation of the peso against the U.S. dollar in December 1994, which became one of the first international financial crises ignited by capital flight.
The great silver devaluation of 1873 caused the Mexican dollar to drop in value against the U.S. dollar, but until the beginning of the 20th century the Mexican dollar would still have been a more widely accepted coin in the Far East than the U.S. dollar. Between the 16th and 19th centuries Mexico produced well over three billion of these coins.
NEW YORK (Reuters) -A pledge by President-elect Donald Trump to impose tariffs on products from Canada, Mexico and China sent their currencies lower against the dollar on Tuesday, renewing the ...
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
For example, as of Dec. 29, 2022, the exchange rate for the Canadian dollar to the U.S. dollar was 0.74, which means that you would have received CA$1.00 for every US$0.74.
Currency traders have steadily pushed up the dollar’s value against major international currencies since election night, signaling confidence in American economic dominance despite Trump’s ...
Most traded currencies by value Currency distribution of global foreign exchange market turnover [1. Currency ISO 4217 code Symbol or ... Mexican peso: MXN $, Mex$ 1.7%: