How is the dollar in Mexico today, Wednesday, May 6, 2026
The official alternate price is decided by the Bank of Mexico based mostly on a mean of quotes from the wholesale alternate marketplace for operations settled on the second following banking enterprise day and that are obtained from alternate transaction platforms and different digital means with representativeness in the alternate market, the establishment defined.
In Banamexthe dollar is at 16.85 pesos for buy and 17.82 pesos on the market.
Exchange price habits has direct results on remittances, journey, cross-border commerce, worldwide cost transactions and monetary choices of hundreds of thousands of individuals.
In worldwide cash switch firms, the dollar is quoted at present at 17.05 MXN in Western Union.
Meanwhile, the alternate price is at $1 dollar for 17.87 MXN in Money Gram.
With a powerful peso, as Mexico has had since 2023, not everybody advantages.
The so-called “superweight” has a adverse influence on each those that earn in {dollars} and stay in Mexico and people who obtain remittances from family members in the northern nation.
In the case of remittances, if the alternate price continues at present ranges for the remainder of the yr, they’ll lose their buying energy.
