Nominal Effecive Exchange Rate in Mexico
Mexico: Nominal Effecive Exchange Rate was 81.19 in 2024. ▼ Falling
Nominal Effecive Exchange Rate in Mexico, 1994–2024
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.
Nominal Effecive Exchange Rate in Mexico, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 375.97 | — |
| 1995 | 197.87 | -47.4% |
| 1996 | 168.26 | -15.0% |
| 1997 | 165.44 | -1.7% |
| 1998 | 148.07 | -10.5% |
| 1999 | 141.29 | -4.6% |
| 2000 | 144.57 | +2.3% |
| 2001 | 148.32 | +2.6% |
| 2002 | 143.41 | -3.3% |
| 2003 | 125.32 | -12.6% |
| 2004 | 118 | -5.8% |
| 2005 | 121.05 | +2.6% |
| 2006 | 120.23 | -0.7% |
| 2007 | 117.32 | -2.4% |
| 2008 | 113.88 | -2.9% |
| 2009 | 94.69 | -16.8% |
| 2010 | 100 | +5.6% |
| 2011 | 99.86 | -0.1% |
| 2012 | 95.03 | -4.8% |
| 2013 | 98.67 | +3.8% |
| 2014 | 95.71 | -3.0% |
| 2015 | 84.13 | -12.1% |
| 2016 | 72.39 | -14.0% |
| 2017 | 71.27 | -1.5% |
| 2018 | 69.69 | -2.2% |
| 2019 | 71.14 | +2.1% |
| 2020 | 64.33 | -9.6% |
| 2021 | 66.5 | +3.4% |
| 2022 | 70.19 | +5.5% |
| 2023 | 80.56 | +14.8% |
| 2024 | 81.19 | +0.8% |
Mexico compared with similar countries
- Mexico's 81.19 is below the median for upper middle income countries, which is 102.78, 79% of the median. (32 countries reporting)
- Mexico's 81.19 is below the median for Latin America & Caribbean, which is 107.73, 75% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Nominal Effecive Exchange Rate in Mexico changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | -47.4% | 375.97 | 197.87 |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Mexico
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 4.11 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 16.66 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 32.65 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.75 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 32.65 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 13.78 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 7.36 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 84.69 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 157.18 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 9.55 (2050)
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
A measure of the value of a currency against a weighted average of several foreign currencies