She Mexican pesos It starts this Wednesday, September 13 at appreciate by 0.21% against the dollar. At the end of the previous day, the local currency appreciated by 1.7% against the greenback, trading at 17.3 units per dollar, after trading at 17.6 the previous day, reported the Bank of Mexico.
How is the dollar behaving today?
The US dollar was quoted this morning on Wednesday, September 13, at 17.16 pesos per dollar, with the exchange rate reaching a maximum of 17.2905 and a minimum of 17.1722 pesos per dollar. The DOF marks it $17.25 pesos per dollar.
The value of the exchange rate has become an important piece within any economic system, which plays a very important role in Mexico. The exchange rate has a great influence on many areas of economic and social life.
When the national currency is devalued, it leads to an increase in the cost of imported products and services, which creates a direct effect on both the internal price structure and the purchasing power of consumers.
In addition to this, a bad exchange rate can contribute to the emergence of a trade deficit, because imports become more expensive. The balance of the trade balance, a pillar for the economic stability of the country, then becomes essential.
In the context of Mexico, it cannot be denied that the fluctuation of the exchange rate is not only a financial issue, but an element that shapes the economic and social dynamics in general.
How do you buy dollars today, September 13, 2023?
- Claims: $16.20
- Azteca Bank: $16.45
- BBVA: $16.51
- Citibanamex: $16.59
- Scotiabank: $16.30
Selling price in dollars as of September 13, 2023
- Claims: $17.70
- Azteca Bank: $17.39
- BBVA: $17.41
- Citibanamex: $17.57
- Scotiabank: $18.20