What is the price of the Mexican peso against the US dollar this Monday, February 9
On February 9, the Mexican peso opened with an appreciation against the US dollar, with exchange rates provided by various banks and financial sources in real time.
On February 9, the Mexican peso has begun the day with notable strength against the US dollar, following an upward trend from the previous trading day. The peso recorded a 1.45% appreciation as of midday on February 6, making it a subject of interest for both local investors and those tracking foreign exchange rates globally. Key financial institutions such as Banco Azteca and the Bank of Mexico (Banxico) provide official rates for transactions.
The article outlines the specific exchange rates offered by different banks, including Banco Azteca's rates of $16.15 for buying and $17.89 for selling, while the Bank of Mexico has a FIX rate set at $17.2988. These varying rates give insight into market dynamics and possible implications for consumers and businesses engaged in cross-border trade or remittances.
This topic is relevant not only for currency traders but also for businesses affected by fluctuating exchange rates, signaling economic trends. The information provided in this update informs stakeholders about the current value of the peso in relation to the dollar, indicating potential shifts in the economic landscape as investors respond to domestic and international market influences.