Your Money and Finances in Mexico

Mexico continues to follow a pattern of inflation-busting daily minimum wage rises with an increase of 20% for 2023—to $207.44 pesos per work day

Mexico's peso was fairly stable against the US dollar in 2021, supported by prudent policy decisions and a recovering economy after a tumultuous 2020

Mexico continues to follow a pattern of inflation-busting daily minimum wage rises with an increase of 23% for 2022

Mexico's central bank completes a new series of bills with a $50-peso note that features artwork from Mexico's ancient history and natural heritage

Mexico's bank has introduced a colorful new $20-peso banknote that commemorates Mexico's independence, and also minted new coins for spenders and collectors

As the Bank of Mexico nears completion of its current round of banknote design upgrades, Foreign Native comments on the latest reshuffle of historical figures gracing the bills

Mexico's peso experienced a dramatic fall and recovery in 2020, influenced by global events and supported by a range of policy decisions

Mexico has raised its daily minimum wage by an above-inflation 15% this year

Mexico's central bank introduced a new design for the $1,000 peso bill in November 2020 featuring key national historical figures

Mexico's central bank introduced a new design for the $100 peso bill on November 12, 2020 featuring scholar and philosopher Sor Juana Inés

The most comprehensive guide to money, currency and banking in Mexico, fully updated and presented as a free PDF eBook for you to download

In recent years, one of the hardest things to predict has been the exchange rate between Mexico's peso and the US dollar