Economy

US dollar strengthens in Tijuana on Election Day: How much is it worth?

The awaited 2024 US election process has begun and it is already affecting the Mexican peso

The US 2024 election process has finally begun and several economic areas have already been affected, among them, the exchange rate value of the US dollar.

According to information shared so far, on Tuesday, November 5, the US dollar is being bought in exchange shops in Tijuana at 19.10 pesos per dollar and being sold at 20.60 pesos per dollar.

If we compare these with yesterday’s values (buying rate: 19.03 / selling rate: 19.55), we can see that the buying rate slightly increased and the selling rate increased by over one peso.

This could interest you: What is the power of the Latino vote in the 2024 US Presidential Elections?

Despite this, the last few days have been noted for showing a volatile market in this area. Though some places in central Mexico have shown a dollar with less value, the opposite has occurred in Tijuana.

This volatility ticked up when the latest polls showed Republican candidate Donald Trump with chances of winning the election. Investors, meanwhile, are keeping an eye on this electoral event to respond to the markets.

This means that the average value of the dollar in Tijuana is currently 20.12 for this Tuesday.

RELATED VIDEO: Meet Bentley, Bentley, the puppy up for adoption at San Diego Humane Society

Comments

  • Facebook

  • SanDiegoRed

 
 
  • New

  • Best

    More of Noticias de Estados Unidos

    Recent News more

    Subir
    Advertising