Puerto Vallarta, Mexico – The Mexican peso continues its upward trend this Friday, February 14, 2025, marking another day of appreciation against the U.S. dollar. Despite concerns over Donald Trump’s recently imposed tariffs on aluminum and steel, the peso has maintained its strength, breaking below the $20.40 barrier.
At the start of trading today (6:30 AM CDMX time), the exchange rate stood at $20.36 pesos per U.S. dollar, reflecting a 0.26% decline from Thursday’s closing rate of $20.41 per dollar. This movement underscores the peso’s resilience, especially after Thursday’s initial depreciation triggered by the latest U.S. inflation data.
The U.S. government’s announcement of new import tariffs on aluminum and steel initially raised concerns about potential economic disruptions in Mexico. However, the peso’s ability to recover and remain stable suggests that investors are not yet significantly worried about the long-term impact of these tariffs.
Thursday saw some volatility as the peso weakened earlier in the day due to inflation data from the United States, which hinted at the possibility of further interest rate adjustments by the Federal Reserve. However, the currency rebounded strongly, signaling continued confidence in Mexico’s economic outlook. As the week draws to a close, analysts are watching closely to see how the peso holds up against further potential policy shifts from the Trump administration, particularly in trade and migration.
Dollar Exchange Rates in Mexican Banks – February 14, 2025
For those looking to exchange or transfer dollars, here are the latest exchange rates at major Mexican banks:
- Affirm: 19.50 (buy) | 21.00 (sell)
- Banco Azteca: 19.55 (buy) | 20.69 (sell)
- BBVA Bancomer: 19.52 (buy) | 20.68 (sell)
- Banorte: 19.15 (buy) | 20.70 (sell)
- Citibanamex: 19.84 (buy) | 20.97 (sell)
- Scotiabank: 18.00 (buy) | 21.50 (sell)
Market analysts suggest that the Mexican peso could remain stable or even continue appreciating if macroeconomic indicators remain favorable. The global economic environment, particularly upcoming decisions from the Federal Reserve and the direction of Trump’s trade policies, will be key factors influencing the peso’s performance in the coming weeks.
For now, Mexico’s currency stands strong, positioning itself as one of the best-performing emerging market currencies despite global uncertainties.
Puerto Vallarta, Mexico - The Mexican peso continues its upward trend this Friday, February 14, 2025, marking another day of appreciation against the U.S. dollar. Despite concerns over Donald Trump's recently imposed tariffs on aluminum and steel, the peso has maintained its strength, breaking below the $20.40 barrier.
