Price of the dollar today in Mexico: know how much the exchange rate is this April 15

The price of the dollar in Mexico trades higher, while stocks rose and bond yields and the euro fell on Thursday, after the European Central Bank signaled a steady reduction in its stimulus

The exchange rate ended the session on Thursday at 19.9680 Mexican pesos per dollar, an advance of 1.03% compared to the reference price of the Bloomberg agency on Wednesday. For the day of April 15, the value of the dollar will be known in the early hours of the day.

What is the price of the dollar today in Mexico?

The US currency was trading lower and the exchange rate is trading at 19.96 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 higher?

Globally, stocks rose and bond yields and the euro fell on Thursday, after the European Central Bank signaled a steady reduction in its stimulus, while Tesla Chief Executive Elon Musk offered to buy Twitter for $41 billion in cash.

According to the Reuters agency, confirming its previous guidance, the ECB said it plans to reduce bond purchases this quarter, and then end them sometime in the third quarter.

Hopes that US inflation may have peaked caused Treasury yields to extend their decline. The return on the 10-year notes was trading at 2.6806%.

For its part, the dollar index, which compares the greenback with a basket of six leading currencies, advanced 0.1% to 99.861 units, after declining 0.5% overnight from its maximum of 100.52.