Economy

It’s still dropping! Dollar at Tijuana’s exchange houses is at $17.72 pesos

On average, each dollar costs $18.01 pesos, but there are some exchange houses in the city of Tijuana where it can be found at $17.72

You need to exchange some pesos for dollars in the next few days? We have good news for you: if you exchange your pesos today, the Mexican peso is at the best exchange rate it has been in 5 years. Currently, the dollar can be bought at $17.72 pesos in some exchange houses.

That’s right, Mexican currency is appreciating more every day, as a result of the speculation regarding the interest rate by the US Federal Reserve which has affected the dollar. According to news outlet Expansión, the current peso-dollar rate is the best since 2018.

On average, every dollar costs $18.01 pesos, however there are some exchange houses in the city of Tijuana where it can be found at $17.72; such is the case in the following picture at an exchange house in Agua Caliente Boulevard:

1 marzo de 2023/ 2 de marzo de 2023
1 marzo de 2023/ 2 de marzo de 2023

This is the value that the dollar has been given around 12:15 PM on Thursday, March 2 (right photo). However, you must remember that this can change at any time and it usually goes up, though the trend has been going downwards in the last few days.

Regarding banks, this is the value that one dollar has when exchanged with Mexican pesos:
-Banco Azteca $18.39
-Citibanamex $18.56
-Banorte $18.40
-BBVA $18.38
-Scotiabank $19.50
-CIBanco $18.33

RELATED VIDEO: PROFECO reveals prices of basic basket in Mexico

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