The Mexican peso (MXN) has experienced significant volatility in the last 5yrs, peaking at 24.98 MXN/USD in April 2020, and appreciating to 17.82 as of today.

The peso dropped as low as 20.7710 per dollar for the first time since August 2022, about 3.2% weaker than its closing price from the previous session.

The peso rose as much as 1.9% after earlier falling 2.9% to 21.2882 per dollar, its lowest in nearly three years. It closed the Monday session up 1.7% at 20.33 and was last trading at 20.317.

The Mexican peso tumbled on Monday as investors worried that trade disputes would again whipsaw markets after U.S. President Donald Trump’s overnight threat to impose steep tariffs on Colombia.

Mexico’s peso looks set for more pain as the country’s presidential vote approaches, according to a technical indicator. The peso’s DVAN trend line -- a proprietary divergence analysis that ...

Mexican assets thrive: both equities and currency hit multi-year highs in 2023. High interest rates, low inflation, low unemployment and a strong U.S. economy provided a boost on peso-denominated ...