Price of the dollar today in Mexico: know how much the exchange rate is this April 5

The price of the dollar in Mexico operates downward, amid a global advance of the dollar that was strengthened after data that showed a solid momentum in the United States economy.

The exchange rate ended the session on Monday at 19.8060 Mexican pesos per dollar, a decrease of 0.15% compared to the reference price of the Reuters agency on Friday. For the day of April 5, the value of the dollar will be known in the early hours of the day.

The attention of the participants was also focused on the possibility of new Western sanctions against Russia, after Ukraine accused its armed forces of war crimes after the death of civilians near kyiv, and on the increase in COVID-19 cases. 19 in China.

The main stock index S&P/BMV IPC, which includes the 35 most liquid companies in the Mexican market, fell 0.52% to 56,313.21 units, after recording an intraday record high of 57,064.16 points on Friday, while investors begin to turn your gaze to the first quarter reporting season.

What is the price of the dollar today in Mexico?

The US currency was trading lower and the exchange rate is trading at 19.80 pesos per dollar, according to data from the Reuters agency.

What is the Mexican peso?

The Mexican peso is the official currency of Mexico and the fifteenth most traded currency worldwide, as well as the third in the region, below the US dollar and the Canadian dollar.

The Mexican currency was the first to use the ‘$’ sign which was later popularized by the United States with US dollars. Also, since 1993 the abbreviation for the Mexican peso is ‘MXN’.

In Mexico, one peso is equivalent to 100 cents and there are coins of 1, 5, 10 and 20 pesos, as well as bills of 20, 50, 100, 200, 500, and 1,000 pesos.

Why did it close lower?

At the regional level, most Latin American currencies rose on Monday, despite an advance in the dollar in international markets, while the stock markets had a disparate close, in a session in which the attention of the markets turned to the conflict between Russia and Ukraine.

According to the Reuters agency, Germany and its international partners will agree to new sanctions on Russia in the coming days, a government spokesman said on Monday, adding that he was confident that the European Union would remain united on further measures.

“We will decide on new measures in the coming days, consulting our allies beforehand,” the spokesman told reporters. “(Russian) President Vladimir Putin and his supporters will feel the consequences of these new sanctions.”

Meanwhile, the dollar index found support in the increase in the yield of Treasury bonds, due to expectations of further increases in interest rates in the United States, and gained around 0.4%.