How is the dollar in Mexico today, Friday, May 8, 2026
The official trade charge is decided by the Bank of Mexico based mostly on a median of quotes from the wholesale trade marketplace for operations settled on the second following banking enterprise day and that are obtained from trade transaction platforms and different digital means with representativeness in the trade market, the establishment defined.
In Banamexthe dollar is at 16.73 pesos for buy and 17.70 pesos on the market.
Exchange charge conduct has direct results on remittances, journey, cross-border commerce, worldwide cost transactions and monetary choices of thousands and thousands of individuals.
In worldwide cash switch firms, the dollar is quoted in the present day at 16.83 MXN in Western Union.
Meanwhile, the trade charge is at $1 dollar for 17.74 MXN in Money Gram.
With a robust peso, as Mexico has had since 2023, not everybody advantages.
The so-called “superweight” has a unfavourable impression on each those that earn in {dollars} and reside in Mexico and those that obtain remittances from family in the northern nation.
In the case of remittances, if the trade charge continues at present ranges for the remainder of the 12 months, they are going to lose their buying energy.
