Nominal Effecive Exchange Rate in Mexico

Mexico: Nominal Effecive Exchange Rate was 81.19 in 2024. β–Ό Falling

Latest (2024)
81.19
Change on year
up 0.8%
World rank
83rd
of 112 countries
All-time high
375.97
in 1994
All-time low
64.33
in 2020
Years of data
31
1994–2024

Nominal Effecive Exchange Rate in Mexico, 1994–2024

1002003004001994200920241994: 3761995: 197.91996: 168.31997: 165.41998: 148.11999: 141.32000: 144.62001: 148.32002: 143.42003: 125.32004: 1182005: 121.12006: 120.22007: 117.32008: 113.92009: 94.72010: 1002011: 99.92012: 952013: 98.72014: 95.72015: 84.12016: 72.42017: 71.32018: 69.72019: 71.12020: 64.32021: 66.52022: 70.22023: 80.62024: 81.2

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

Mexico recorded 81.19 for nominal effecive exchange rate in 2024.

Compared with earlier readings it is up 0.8% on the previous year and down 15.2% over ten years.

Over the whole period, nominal effecive exchange rate in Mexico peaked at 375.97 in 1994 and was at its lowest, 64.33, in 2020.

That places Mexico 83rd out of 112 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 199.48 141.29 375.97 6
2000s 124.68 94.69 148.32 10
2010s 85.79 69.69 100 10
2020s 72.55 64.33 81.19 5

Countries ranked near Mexico

  1. 80 Malaysia 85.71 compare
  2. 81 Canada 85.21 compare
  3. 82 Dominican Republic 84.12 compare
  4. 84 Chile 78.9 compare
  5. 85 Hungary 76.26 compare
  6. 86 Nicaragua 75.7 compare

See the full ranking of 122 places β†’

More reference data data for Mexico

All data for Mexico β†’

Frequently asked questions

What is nominal effecive exchange rate in Mexico?
Nominal effecive exchange rate in Mexico was 81.19 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest nominal effecive exchange rate recorded in Mexico?
The highest recorded value was 375.97 in 1994.
What is the lowest nominal effecive exchange rate recorded in Mexico?
The lowest recorded value was 64.33 in 2020.
How does Mexico rank for nominal effecive exchange rate?
Mexico ranks 83rd out of 112 countries with data for 2024.
Is nominal effecive exchange rate rising or falling in Mexico?
Over the last ten years it is down 15.2%. The long-run trend across the full record is falling.
Where does this Mexico data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Nominal Effecive Exchange Rate. Statizoid updates them automatically from the source API.

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About this data

Indicator
Nominal Effecive Exchange Rate
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
122 places, 2,930 data points, 1994–2024
Last refreshed

A measure of the value of a currency against a weighted average of several foreign currencies