The dollar price in Mexico It starts at 20.6927 pesos today, Sunday, November 21, 2021. The average exchange rate of the dollar in the market is 20.375 pesos for purchase and 21.0104 for sale.
In exchange houses located at the Benito Juárez International Airport in Mexico City, the dollar is sold for a maximum of 19.10 pesos and is purchased for a minimum of 17.60 pesos.
The price of the dollar in Mexico closed yesterday, Saturday, November 20, 2021, at 20.6371 Mexican pesos. The average exchange rate of the US currency in the market was 20.6371 pesos for purchase and 20.9546 for sale.
The Mexican economy is the 13th economy in the world in terms of Gross Domestic Product (GDP), and the second in Latin America. It is a largely export-oriented economy. Mexico is part of NAFTA along with the United States and Canada, and also a member of the WTO.
The value of one currency in relation to another is not important. Change the currency of Mexico to the New Mexican Peso where 100 old pesos are worth a new peso would make that new Mexican peso be at a much higher price than the dollar or the euro. The value of the currency against another has no relevance.
The official currency of the USA it is the US dollar. Its code is ISO 4217 in the USD and, after the gold standard was broken in 1971, this currency was converted to fiat.