Exchange Rate Peso Dollar
Live, daily, and historic values for exchange rate peso dollar can be found from online databases and financial information resources.
Financial analysts, researchers, and academics often find value in the long-term data series, with daily and monthly rates. These rates are then used to find relationships with other economic variables, or used by themselves to predict future exchange rates.
Most tourists, forex traders, and other market participants may find live market rates more valuable, as these are snapshots of the where the rates are at the moment and this price can be locked by buying or selling the currency.
Exchange Rate Peso Dollar – Daily, Monthly Rates
The Mexican central bank, Banco de México, offers daily and monthly rates for the peso. The rates offered are in two forms.
For the first, there’s the 48hrs interbank exchange rate. This rate is representative exchange rate of wholesale, operations payable in two banking working days, between banks, stockbrokerage firms, foreign exchange dealers and other major financial and non financial firms.
The other rate is exchange rate used to settle liabilities denominated in foreign currency. This rate is determined by Banco de México as an average of quotes in the wholesale forex market for operations payable in 48 hours.
For further analysis, you can download the data in CSV, XLS, and HTML formats.
Exchange Rate Peso Dollar – Live Rates
Unlike for stocks, you can get live market rates for almost all the available currencies for free, or for next-to-nothing. The sources where these rates are derived varies, as does the method by which these rates are fixed.
To find live rates, you may look up web sites such as XE.com. You’ll get quick, by-the-minute up-dated quotes, certified by a time stamp. There are over 180 currencies to choose from, including the peso rate. The quotes are derived from a variety of sources, with the aim of getting always the most up-to-date value.
Another great source for live rates is to go to online forex brokers web pages, and look for real-time quotes straight from their trading floor. Many of the brokers offer these quotes on the main page of the site.
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