This Thursday, June 15, we bring you the latest update on the price of the US dollar, which has been gaining momentum against the Mexican peso in recent days. Currently, it is being bid at $17.12.
Price of the Dollar Buy and Sell – Thursday June 15
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The Last Time the Dollar Reached 18 Pesos
According to information published by the Central Bank, the last time the Mexican peso traded below 18 units against the US dollar was on April 18, 2018. Since then, the dollar has gradually gained strength against the peso, until the beginning of 2023, when it started to depreciate.
How the Dollar Price is Calculated
It is important to note that the value of the Mexican peso in relation to other foreign currencies is determined based on the exchange rate with the United States dollar in international markets on the day of the transaction. These exchange rates are provided upon request by the country’s credit institutions.
