The dollar exchange rate at the start of the week on Monday, March 17, 2025, is set at 19.93 pesos per dollar according to the Bank of Mexico. This establishes the peso’s strong position against the dollar, showing stability amid global uncertainties.
On the same day, financial institutions indicated various exchange rates at which they buy and sell the dollar. The average selling price across major banks stands at around $20.39, with Banco Azteca selling it at $20.40 and Citibanamex at $20.45.
Economic analysts suggest this slight decrease of 0.03% observed during the day's opening reflects both internal and external pressures affecting currency markets. Particularly noteworthy, Friday, March 14, 2025, saw the dollar closing at 19.93, matching the current opening value.
Following the global trend, where investors exhibit caution due to U.S. trade policies under President Donald Trump, the Mexican peso continues to exhibit strength. Economic observers have pointed to concerns about the potential impact of Trump's trade proposals, which have created uncertainty within the markets.
With respect to exchange houses on the northern border, particularly in areas like Tamaulipas, the selling price reached $20.40, indicating slight variances based on location and institution. These exchange rates, particularly for large transactions, can fluctuate reflecting supply and demand dynamics within the financial markets.
Forecasts for the upcoming week project the Mexican peso will oscillate between 19.85 and 20.15 pesos per dollar. Factors influencing this movement include U.S. Federal Reserve policy decisions and the broader Mexican economic situation.
Given the elevated levels of remittances and export activity, analysts caution investment firms and businesses to closely monitor any unexpected shifts, as alterations may significantly influence the exchange rate.
Investors are encouraged to compare rates among banks and exchange houses, as some might offer competitive rates aimed at attracting large operations. Awareness of daily rate shifts helps mitigate unfavorable buying circumstances caused by high volatility.
The outlook reflects the broader economic environment, where inflation was relatively stable over the previous year at around 4%, with the exception of June 2024 when it approached 6%, as reported by the National Institute of Statistics and Geography (INEGI). For 2025, the forecast suggests inflation will remain below 4%, projected at 3.8%.
For the foreseeable future, the dynamics between the peso and the dollar continue to play out against the backdrop of political and economic decisions, including potential tariff changes from the U.S. All eyes remain on how these factors will play out moving forward, with subsequent market reactions guiding the exchange rate decisions.
