Mexican Peso Rate Forecast

Market Commentary 9272
January, 2012 Data:

The 12 month forecast for the Mexican Peso is in the table at the top of this
page. Forecast-Chart.com is forecasting that the exchange rate for the Mexican
Peso will be roughly 13.92 Mexican Pesos to the USD. The table shows a
HDTFA of 1.13 which suggests that the February, 2013 currency exchange rate
could easily fall between 15.04 and 12.79 MXN/USD. Links to Forecasts for
fourteen other currencies may be found on the left side of this page.

All data and calculations on this page are based on the average daily rate per
calendar month for MXN/USD

HISTORICAL EXCHANGE RATE SUMMARY: MXN/USD
Average (Last 12 Months)        12.54
Average (Last 10 Years)          11.45
High (Last 12 Months)             13.77   (December, 2011)
Low (Last 12 Months)              11.65   (May, 2011)
High (Since November, 1993)      14.65   (March, 2009)
Low (Since November, 1993)       3.11   (January, 1994)

The Mexican Peso exchange rate for January, 2012 averaged 13.38 MXN to
USD. That's 39.2 basis points lower than the December, 2011 rate of 13.77,
and 125 basis points higher than the January, 2011 rate of 12.13. The fall in
the MXN/USD exchange rate from December to January provides evidence that
the short term trend in MXN/USD is down. In other words, a weakening of the US
Dollar against the Mexican Peso in the short term. If that trend continues in the
currency market, we should see an average daily rate in February, 2012 that is
close to 12.99.

The average Mexican Peso conversion rate over the last 12 months was 12.54.
The average rate over the last 10 years was 11.45. A higher Mexican Pesos to
US Dollars exchange rate over the last 12 months compared to the average
rates over the last 10 years serve as an indicator that the long term trend in
MXN/USD is up (strengthening US Dollar against the Mexican Peso).

The highest currency rate for MXN/USD over the last 12 months was 13.77. The
lowest was 11.65. The market high was attained in December, 2011. The
market low was achieved in May, 2011.

Forecast-Chart.com's historical research covers Mexican Peso data back to
November, 1993. The average exchange value during that period of history was
9.79 MXN/USD. The highest rate was 14.65. The lowest was 3.11. The market
high was attained in March, of 2009. The market low was achieved in January of
1994. Recent rates experienced in January of 2012 are high relative to the
historical 9.79 average.

This page provides a five year chart and a forecast for the Mexican Peso. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on the
Mexican Peso. Just one glance at our long term charts can provide tremendous
insight into the historical trends of the financial markets. The table above
presents additional historical information on the Mexican Peso. Rate data is
presented on an annual basis.

In this site, you may view the month, year, five & ten year appreciation rates for
15 foreign currencies in one convenient table. Click the Market Trend Research
link in the uppermost left corner of any page in this site. The table of contents
for Market Trend Research will open. In the table of contents, click the link
titled: Strength of the U.S. Dollar.

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Mexican Pesos per 1 US Dollar are shown in gray (average daily rate per calendar month). The
forecast for the target month is shown in green. If the line in the chart is falling (left to right), the US
Dollar has weakened, causing...

Mexican Peso to US Dollar (MXN to USD) - 5 Year History