By The Opinion
Global uncertainty continues to affect the behavior of the exchange rate, where The peso loses strength and impacts the price of the dollar in Mexico today, May 5, 2026. This has a direct effect on millions of people who send money, make international purchases or closely follow financial markets.
For this day, The dollar stands at an average of $17.50 pesos per unitwhich reflects a moderate movement compared to the previous close. This level suggests that the exchange market has entered a phase of caution, after the volatility recorded in recent days.
During Monday, May 4, the Mexican peso registered a slight depreciation of 0.41%influenced mainly by international uncertainty. One of the most relevant factors was the growing tension in the Strait of Hormuz, a strategic area for global energy trade, where geopolitical disputes persist that keep investors alert.
According to the Bank of Mexico (Banxico), The exchange rate closed that same day at $17.5165 pesos per dollarconsidering the average number of banking operations. However, when taking into account the price throughout the entire day, The practical closing was adjusted to $17.52 pesos per US currencyconfirming the slight pressure on the national currency.
As for the official exchange rate, known as FIX and published in the Official Gazette of the Federation (DOF), was established at $17.5157 pesos per dollar for this Tuesday, May 5. This indicator, calculated by Banxico with spoilers in the wholesale market, is used as a reference in various financial operations. In addition, The exchange rate applicable for the payment of obligations in dollars remained at $17.5118 pesos per unit.
Exchange rate in Mexican banks today
Over-the-counter quotes present important differences between financial institutions. For this May 5th, The purchase and sale prices are located as follows:
- Affirm: buy at $16.50 pesos and sell at $18.00 pesos.
- Banco Azteca: purchase at $16.10 pesos and sale at $18.19 pesos.
- BBVA: purchase at $16.54 pesos and sale at $17.67 pesos.
- Banorte: buy at $16.30 pesos and sell at $17.90 pesos.
- Banamex: purchase at $16.97 pesos and sale at $17.94 pesos.
- Scotiabank: buy at $16.90 pesos and sell at $18.00 pesos.
It is important to consider that these values change constantly during the day, so The closing price may vary when carrying out an operation in a branch.
In the comparison, BBVA remains one of the options with the lowest sales pricewhich may be attractive for those looking to buy dollars. On the other hand, Banamex stands out with one of the highest purchase levelswhich favors those who want to sell the currency.
Tension in the Middle East and oil put pressure on the exchange rate
The international environment continues to be a determining factor for the behavior of the dollar. Although stock markets have shown signs of recovery, the situation in the Strait of Hormuz continues to generate uncertainty. The dispute between the United States and Iran over the defense of this strategic maritime route keeps investors on alert.
This context also directly impacts oil prices. Despite a slight recent decline, Brent crude remains around $114 per barrela high level that reflects the sensitivity of the energy market to any escalation of the conflict.
The scenario remains fragile and any change in the conflict could quickly be transferred to the financial markets, including the currency exchange market.
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