He Mexican peso closed with a good performance this December 20recording a gain against the US dollar. At the end of the day, The US currency lost more than a percentage point of its value against the Mexican currency.
The dollar closed the session with an average of 20.04 Mexican pesos, which represented a drop of 1.31% compared to the previous day, when it was trading at 20.31 pesos.
This behavior of the national currency was driven by expectations about monetary policy in both Mexico and the United States, following the recent meetings of the central banks and their decisions to adjust their interest rates upwards to control inflation in 2025.
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In weekly terms, The US dollar has fallen by 0.31%, although, despite this recent drop, it continues to show an annual increase of 18.82%.
Compared to previous days, The peso accumulated two consecutive sessions of falls. However, the volatility observed in the last week was lower than that recorded during the last year, which suggests that, recently, the behavior of the peso has been more stable.
Where to buy or sell the dollar?
It is recommended to attend places that are regulated by the authorities to avoid fraud. Additionally, you should take into account that the exchange rate varies according to each bank or exchange house, as well as see the commission they charge.
- Banks: If you are a customer you can buy up to four thousand dollars.
- Exchange houses: The purchase limit is 1,500 dollars.
- Online platforms.
- ETFs (Exchange-Traded Funds or Exchange-Traded Funds).
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