USD/MXN

18.80936
0.20%
Daily
  • L. 18.72962
  • H. 18.85043
  • Ch. 0.03706
  • Ch.% 0.20%
Overview
Costs & Margins
  • USD/MXN is the exchange rate between the Mexican peso and the US dollar. It tells traders how many pesos are needed to buy a US dollar.

    The peso is an emerging market currency, so the USD/MXN is classed as an exotic pair. However, it’s still the twelfth most traded currency pair.1 A lot of interest comes from carry traders due to the peso’s reputation as a high-yielding currency.

    Due to their geographical proximity, the US and Mexico have close economic and political ties. So, the USD/MXN rate is influenced by government decisions related to immigration, border control and tax.

    1BIS Triennial Survey, 2022

  • Margin From
    10.0 %
  • Trading Hours
    24 hours / day *
  • Min Trade Size
    1000
  • Long
    -7.53
  • Short
    5.1
  • Min Stop Distance
    0.005 points
  • Spreads
  • Spreads From
    0.00300 Points
  • Margins
  • 0 - 5000 000
    10.0 %
  • 5000 000 - 10000 000
    10.0 %
  • 10000 000 - 20000 000
    10.0 %
  • 20000 000 - 25000 000
    10.0 %
  • 25000 000 +
    30.0 %
  • Dealing
  • Spreads
    0.00300 Points
  • Margins
  • 0 - 5000 000
    10.0 %
  • 5000 000 - 10000 000
    10.0 %
  • 10000 000 - 20000 000
    10.0 %
  • 20000 000 - 25000 000
    10.0 %
  • 25000 000 +
    30.0 %

Pivot points
Dailys
Weekly
Monthly
Pivot point
18.82481
Bid
18.79734
Offer
18.80278
Distance
0
Last Updated: 1/24/2023 10:00:00 PM

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