USD/MXN Exchange Rate Today — Live Chart and Analysis

USD/MXN is an exchange rate that specifies how many MXN (Mexican Pesos) can be converted into one USD (US Dollar), therefore the base currency is USD and the price currency is MXN. If this rate declines, it means that MXN appreciates relative to USD and if this rate increases it means that the MXN depreciates against the USD. There are many macroeconomic factors/events (fundamentals) that affect USD/MXN exchange rate, which are usually common in both countries. Some of the most notable factors/events are GDP, Inflation or Consumer Price Index (CPI), Interest Rates and other monetary policies applied by central banks. Regarding the trade relationship between United States and Mexico, the latter imports 16% of United States' total exports, whereas United States imports 80% of Mexico’s total exports. The largest component of United States' exports is vehicles and machinery whereas Mexico’s largest export components is vehicles, electricals and electronic equipment. Any significant shifts in the trade relationship between the two regions and changes in the values of the aforementioned components are some of the factors that could have a material impact on the pair.