Price of the dollar in Mexico today, Tuesday, August 13, 2024

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Un hombre cuenta billetes de 100 dólares

The price of the dollar today in Mexico relieves local financial markets due to an appreciation of 0.71% in less than 24 hours, compared to its closing price on Monday. The United States currency this Tuesday, August 13, is sold at $18.93 pesos at the opening, according to the economic site Bloomberg.

The specialized portal shared the variation of the dollar:

Last closing: $19.07 pesos.
Today’s opening: $19.07 pesos.
Daily variation: $19.07 pesos – $19.09 pesos.
Annual variation: $16.26 pesos – $20.22 pesos.

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Currency quotation in each bank at the opening

Firm: Buy $18.10 pesos / Sell $19.60 pesos.
Banco Azteca: Buy $17.90 pesos / Sell $19.45 pesos.
Banco de México, FIX for Monday: $19.03 pesos.
Banco de México, Interbank 48 hrs. opening on Monday: Buy $18.88 pesos / Sell $18.89 pesos.
Banco de México, Interbank 48 hrs. maximum on Monday: $19.09 pesos.
Banco de México, Interbank 48 hrs. minimum on Monday: $18.89 pesos.
BBVA Bancomer: Buy $18.20 pesos / Sell $19.34 pesos.
CIBanco: $18.05 pesos.
Citibanamex: Buy $18.49 pesos / Sell $19.53 pesos.
Monex: Buy $18.06 pesos / Sell $19.96 pesos.
SAT, Tax Administration Service: $19.03 pesos.
Go for more: Buy $18.45 pesos / Sell $19.66 pesos.
DOF, Official Gazette of the Federation: $19.03 pesos

The impact of the dollar on the markets

The trend of the Mexican peso is reflected with a marginal fall of the Dollar Index of 0.01%. Likewise, the direction of interest rates is key in the performance of the exchange rate due to the carry trade, a strategy through the purchase and sale of currencies.

The fall of the local currency is mainly associated with a greater aversion to global risk in the face of growing geopolitical tensions, according to Bloomberg analysts.

How to send money to Mexico?

According to the Mexican government, these are the official applications from which you can send money to the country:

ULink
Pagaphone Smart Pay
Cloud Transfer Services
Moneygram
Xoom
Pangea Money Transfer

Source: tvazteca