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Market Commentary  31522
June, 2019 Data:

The 12 month forecast for the Mexican Peso is in the table at the top of this
page. Forecast-Chart.com is forecasting that the exchange rate for the Mexican
Peso will be roughly 20.56 Mexican Pesos to the USD. The table shows a
HDTFA of 1.83 which suggests that the July, 2020 currency exchange rate
could easily fall between 22.39 and 18.74 MXN/USD. Links to Forecasts for
fourteen other currencies may be found by clicking Currency Exchange
Forecasts at the top of this page.

All data and calculations on this page are based on the average daily rate per
calendar month for MXN/USD.

HISTORICAL EXCHANGE RATE SUMMARY: MXN/USD
Average (Last 12 Months)        19.41
Average (Last 10 Years)          15.33
High (Last 12 Months)             20.41   (November, 2018)
Low (Last 12 Months)              18.82   (August, 2018)
High (Since November, 1993)      21.39   (January, 2017)
Low (Since November, 1993)       3.11   (January, 1994)

The Mexican Peso exchange rate for June, 2019 averaged 19.22 MXN to USD.
That's 4.8 basis points higher than the May, 2019 rate of 19.17, and 107 basis
points lower than the June, 2018 rate of 20.29.  The minor movement in the
MXN/USD exchange rate from May to June provides evidence that the short
term trend in MXN/USD is relatively flat. If that trend continues in the currency
market, we should see an average daily rate in July, 2019 that is close to 19.27.

The average Mexican Peso conversion rate over the last 12 months was 19.41.
The average rate over the last 10 years was 15.33.  A higher Mexican Pesos to
US Dollars exchange rate over the last 12 months compared to the average
rates over the last 10 years serve as an indicator that the long term trend in
MXN/USD is up (strengthening US Dollar against the Mexican Peso).

The highest currency rate for MXN/USD over the last 12 months was 20.41. The
lowest was 18.82. The market high was attained in November, 2018. The
market low was achieved in August, 2018.

Forecast-Chart.com's historical research covers Mexican Peso data back to
November, 1993. The average exchange value during that period of history was
11.66 MXN/USD. The highest rate was 21.39. The lowest was 3.11.  The market
high was attained in January, of 2017. The market low was achieved in January
of 1994. Recent rates experienced in June of 2019 are high relative to the
historical 11.66 average.

This page provides a five year chart and a forecast for the Mexican Peso. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on the
Mexican Peso. Just one glance at our long term charts can provide tremendous
insight into the historical trends of the financial markets. The table above
presents additional historical information on the Mexican Peso. Rate data is
presented on an annual basis.






















Data Source: Board of Governors of the Federal Reserve System (US), Mexico
/ U.S. Foreign Exchange Rate [EXMXUS], retrieved from FRED, Federal
Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/EXMXUS

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Mexican Pesos per 1 US Dollar are shown in gray (average daily rate per calendar month). The
forecast for the target month is shown in green. If the line in the chart is falling (left to right), the US
Dollar has weakened,
causing...
Mexican Peso to US Dollar (MXN to USD) - 5 Year History
12
14
16
10
Mexican Peso Forecast
Recent Currency Exchange Rates
18
20
22
24
Historical Mexican Peso Rate (MXN USD)
Year
MXN/USD
Year
MXN/USD
Year
MXN/USD
Year
MXN/USD
1994
1995
1996
1997
1998
1999
3.38
6.44
7.60
7.92
9.15
9.56
2000
2001
2002
2003
2004
2005
9.46
9.34
9.66
10.80
11.29
10.90
2006
2007
2008
2009
2010
2011
10.90
10.93
11.16
13.50
12.63
12.44
2012
2013
2014
2015
2016
2017
2018
13.15
12.77
13.31
15.89
18.69
18.89
19.34
Average annual currency exchange rate for the Mexican Peso (Pesos per U.S. Dollar) is
shown in this table: 1994 to present.
Forecast & Current Analysis: Mexican Peso (MXN)
1/14
1/2015
1/2016
1/2017
1/2018
1/2019
1/2020
1/21
Mexican Peso Currency Exchange Rate Forecast
   
Target Month:
Forecast:
HDTFA:
July,2020
20.56
1.83
 
Forecast for the currency exchange rate of the Mexican Peso for the
target month indicated, shown in Pesos per US Dollars (MXN/USD).   
See commentary below.