Mexico Exchange Rate
Official exchange rate (LCU per US$, period average) PA.NUS.FCRF
Mexico's exchange rate was 16.93 in 2025, ranked 95th globally. This represents a 7.5% decrease from 2024. Data from World Bank, covering 1960–2025.
Overview
Mexico's exchange rate stood at 16.93 in 2025, a decline of +1.38 from 2024. Based on recent trends, this figure is projected to reach 16.93 by 2025. Mexico ranked 95th globally.
Mexico’s exchange rate has risen from a historic trough of 0.01 in 1973 to an all‑time peak of 21.49 in 2020, reflecting more than two centuries of cumulative depreciation against the U.S. dollar. By 2025 the rate stood at 16.93, placing the country 95th in the world and ranking it between peers such as Moldova (18.40) and Ghana (15.69). The 66‑year coverage shows a long‑term upward trajectory, with the steepest increases occurring during the early 1980s debt crisis and the more recent pandemic‑induced volatility that pushed the rate to its 2020 high. Despite occasional periods of stabilization, the pattern suggests that external shocks, fiscal imbalances, and monetary policy decisions will continue to shape the currency’s path. Absent a significant shift in inflation differentials or a major re‑valuation policy, the exchange rate is likely to maintain its gradual depreciation trend in the coming years.
Data & projection
| Year | Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 15.15 | - | - |
| 2026* trend | 16.04 | - | - |
| 2025* trend | 16.93 | - | - |
| 2025 | 16.93 | −1.38 | #95 |
| 2024 | 18.30 | +0.55 | #113 |
| 2023 | 17.76 | −2.37 | #111 |
| 2022 | 20.13 | −0.15 | #120 |
| 2021 | 20.27 | −1.21 | #121 |
| 2020 | 21.49 | +2.22 | #120 |
| 2019 | 19.26 | +0.02 | #120 |
| 2018 | 19.24 | +0.32 | #120 |
| 2017 | 18.93 | +0.26 | #122 |
| 2016 | 18.66 | +2.82 | #121 |
| 2015 | 15.85 | +2.56 | #122 |
| 2014 | 13.29 | +0.52 | #121 |
| 2013 | 12.77 | −0.40 | #122 |
| 2012 | 13.17 | +0.75 | #121 |
| 2011 | 12.42 | −0.21 | #123 |
Detected Pattern
Analysis
Mexico matched the Orthodox Tightening Cycle pattern in 1999. Historically, 57% of countries showing this pattern (177 out of 311) saw exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Mexico's exchange rate was 16.93 in 2025. Ranked 95th globally. This represents a 7.5% decrease from the previous year.
Mexico's exchange rate peaked at 21.49 in 2020.
The lowest exchange rate in Mexico was 0.01 in 1973.
Mexico ranks 95th globally in exchange rate as of 2025.
The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.
Mexico's exchange rate is projected to reach 16.93 by 2025 based on trend extrapolation.
The exchange rate of Mexico in 2025 was 16.93. This ranks 95th in the world.
Cite this page
@misc{historysaid_mexico_exchange-rate,
title = {Mexico Exchange Rate},
url = {https://historysaid.com/mexico/exchange-rate/},
publisher = {HistorySaid},
year = {2026}
}