Exchange Rate to U.S. Dollar for Mexico
FXRATEMXA618NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.64
Year-over-Year Change
38.31%
Date Range
1/1/1950 - 1/1/2010
Summary
The Exchange Rate to U.S. Dollar for Mexico measures the value of the Mexican peso relative to the U.S. dollar. This key indicator is closely watched by economists and policymakers to assess Mexico's trade competitiveness and economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The exchange rate between the Mexican peso and U.S. dollar is a fundamental economic indicator that reflects the relative strength and purchasing power of the two currencies. It is a crucial factor in cross-border trade, foreign investment, and macroeconomic stability.
Methodology
This series is calculated based on foreign exchange market data collected and published by the U.S. Federal Reserve.
Historical Context
The Mexico-U.S. exchange rate is closely monitored by both countries' central banks and trade agencies to inform economic and trade policy decisions.
Key Facts
- Mexico is the United States' largest trading partner.
- The peso-dollar exchange rate affects the price of imports and exports.
- Exchange rate fluctuations impact cross-border investment and capital flows.
FAQs
Q: What does this economic trend measure?
A: The Exchange Rate to U.S. Dollar for Mexico measures the value of the Mexican peso relative to the U.S. dollar, a key indicator of Mexico's trade competitiveness.
Q: Why is this trend relevant for users or analysts?
A: The Mexico-U.S. exchange rate is a crucial factor for understanding cross-border trade, foreign investment, and the overall economic performance of both countries.
Q: How is this data collected or calculated?
A: This series is calculated based on foreign exchange market data collected and published by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: The exchange rate is closely monitored by central banks and trade agencies in both Mexico and the U.S. to inform economic and trade policy decisions.
Q: Are there update delays or limitations?
A: The exchange rate data is published regularly by the Federal Reserve with minimal delays, providing timely insights into this important economic indicator.
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Citation
U.S. Federal Reserve, Exchange Rate to U.S. Dollar for Mexico (FXRATEMXA618NUPN), retrieved from FRED.