The Mexican peso closed the day on September 4 with a negative performanceIt failed to maintain the positive trend it had shown earlier in the day At the end of the session, The Mexican currency has depreciated against the US dollar.
The US currency recovered more than half a percentage point of its value, standing at around 20 pesos per unit.
At market close, The US dollar was quoted at an average of 19.92 Mexican peso, representing an increase of 0.66% from the previous day’s 19.79 pesos.
Over the past week, the dollar has gained 0.38%, and on a year-to-date basis, it has gained 12.73%.
Read: Inegui reveals three richest states in Mexico; Will Jalisco be there?
This result contrasts with the previous day, where the dollar ended with a decline of 0.53%. Recently, the value of the dollar has shown a lack of stability, with volatility last week lower than that registered last year (12.54%).
This indicates that, although the dollar has continued to decline, it has been less pronounced recently.
Where to buy or sell dollars?
It is advised to attend places regulated by authorities to avoid fraud. In addition, you should consider that the exchange rate varies according to each bank or exchange house, as well as the commission they charge.
- Bank: You can buy up to four thousand dollars if you are a customer.
- Exchange House: Purchase limit is $1,500.
- Online platform.
- ETFs (exchange-traded funds or exchange-traded funds).
Dollar prices in Mexican banks today September 4, 2024
he Dollar price today September 4, 2024 Mexican banks* close:
- Confirm: 18.60 pesos for buying and 20.50 pesos for selling
- Banco Azteca: 18.45 pesos for buying and 20.20 pesos for selling
- BBVA Bancomer: 18.93 pesos for buying and 20.09 pesos for selling
- Banorte: 18.65 pesos for buying and 20.10 pesos for selling
- Citibanamex: 19.19 pesos for buying and 20.32 pesos for selling
- Scotiabank: 17.00 pesos for buying and 20.80 pesos for selling
EE