The Mexican peso continues to gain against the US currency due to the international conflicts in which the neighboring country is involved.
Mexico.- International conflicts and a possible war between Ukraine and Russia, in which the United States would be involved, continue to cause the dollar to lose against the Mexican peso, and this Sunday, February 20, it is quoted at $20.2591.
The US currency is at 20.0334 pesos for purchase and for sale at 20.4848 pesos, which means that it is time to take advantage of it to acquire enough that is required, either to carry out any economic movement or if you have a trip at the door to the neighboring country.
The recommendation would be to buy them, reserve them and start moving them when their value is positioned again in better conditions.
Although the Bank of Mexico published in the Official Gazette of the Federation the exchange rate to settle obligations denominated in foreign currency payable in the Mexican Republic for the weekend at $20.2978 MN, today it has a small variation.
It is important to remember that each banking institution has its own numbers, so it is important to check this table before making any transaction involving the greenback.
So if you are going to buy or sell dollars, you will do some other transaction under this denomination, or you are preparing to exchange your pesos to go to the United States for a walk, shopping or for medical reasons, check where they offer you a better price and Go to whoever suits you best.
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Source: banxico.org.mx
