Mexico City — The Mexican peso opened trading on Thursday, April 23, 2026, near 17.36 per US dollar, holding a stable range as investors weighed global and domestic economic expectations, according to data from Investing.
The currency has shown minimal fluctuations in recent sessions, consolidating after earlier adjustments. Analysts attribute the calm to a lack of major external shocks, keeping volatility in check.
Bank exchange rates varied at the start of the day. Afirme offered a buy rate of 16.30 pesos and a sell rate of 17.80 pesos per dollar. Banco Azteca quoted 16.20 and 16.99, while BBVA Bancomer listed 16.25 and 17.78. Other institutions such as Banorte, Bank of America, and Intercam also posted rates, with Multiva showing a flat rate of 17.53 for both buy and sell.
Authorities noted that the peso’s performance is influenced by multiple factors, including economic growth projections, international monetary policies, nearshoring-related capital flows, and domestic economic activity. Any signals from the US Federal Reserve regarding interest rate cuts could drive further volatility or stability in the USD/MXN pair.
For those looking to buy dollars, options include bank branches, exchange houses at airports and financial centers, and digital platforms that often offer tighter spreads than cash transactions.
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