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USD/MXN exchange rate. Mexican peso crisis in 1994 was an unpegging and devaluation of the peso and happened the same year NAFTA was ratified. [2]The Mexican peso (symbol: $; currency code: MXN; also abbreviated Mex$ to distinguish it from other peso-denominated currencies; referred to as the peso, Mexican peso, or colloquially varo) is the official currency of Mexico.
Currency ISO 4217 code Symbol or Abbrev. [2]Proportion of daily volume Change (2019–2022) April 2019 April 2022 U.S. dollar: USD $, US$ 88.3%: 88.5%: 0.2pp Euro
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2]; Exchange rate arrangement (Number of countries) Exchange rate anchor
The Canadian dollar, the Mexican peso and the Chinese yuan all strengthened by 1-1.5%, while the euro rose 1.5%, set for its largest one-day rally against the dollar in well over a year.
Both the Mexican peso and the Canadian dollar weakened relative to the US dollar in the 24 hours since Trump announced the new tariffs, while the Chinese yuan hit a new low.
100 China: Renminbi ¥ CNY Jiao [G] 10 Colombia: Colombian peso $ COP Centavo: 100 ... 100 Mexico: Mexican peso $ MXN Centavo: 100 Micronesia: United States dollar $ USD
The Mexican peso was trading at around 20.6 per dollar late Friday. Analysts also expect some kind of selloff in stocks and other higher-risk assets when markets reopen on Monday.
The renminbi (RMB, also known as Chinese yuan; ISO code: CNY) is the official currency of the People's Republic of China. [1] Although it is not a freely convertible currency , and has an official exchange rate , the CNY plays an important role in the world economy and international trade .