By The Opinion
The price of the dollar in Mexico showed a slight increase this Tuesday, May 12, 2026in a day marked by inflationary pressure in the United States and international uncertainty due to the behavior of energy prices. Although the Mexican peso remains relatively strong against the US currency, markets remain cautious regarding the upcoming decisions of the Federal Reserve (Fed).
This Tuesday, The US dollar is quoted at an average of $17.25 pesos per unitwhich represents an increase of 0.3% compared to the previous close of $17.20 pesos, according to Dow Jones data.
The behavior weekly of the dollar still reflects a decrease of 0.07%, while in annual terms it accumulates a drop of 8.seventy nine%showing that the Mexican peso has maintained stability for much of the last year.
The Bank of Mexico (Banxico) reported that The official closing of the dollar on Monday, May 11 was $17.1995 pesos per unitfigure calculated from the average of banking operations. However, due to constant variations during the day, The practical closing of the market remained around $17.19 pesos per dollar.
Besides, FIX exchange ratepublished in the Official Gazette of the Federation (DOF), for this Tuesday was established at $17.1908 pesos per dollar. Likewise, the exchange rate for the payment of obligations in US dollars remained at $17.2105 pesos per unit, according to Banxico.
During the previous day, The Mexican currency lost 0.18% against the dollarmainly due to the geopolitical tension in the Middle East and the increase in international oil prices, factors that usually affect emerging currencies.
Even so, the exchange market maintains moderate volatility. At the moment, This is located at 6.75%below the reference level of 7.68%, indicating a phase of relative stability.
Dollar exchange rate today in Mexican banks
Bank quotes vary depending on each financial institution.:
- Affirm: buy at $16.40 pesos and sell at $17.90 pesos.
- Banco Azteca: purchase at $16.00 pesos and sale at $17.59 pesos.
- BBVA: buy at $16.44 pesos and sell at $17.58 pesos.
- Banorte: purchase at $15.95 pesos and sale at $17.55 pesos.
- Banamex: purchase at $16.66 pesos and sale at $17.62 pesos.
- Scotiabank: buy at $16.60 pesos and sell at $17.85 pesos.
In the comparison, Today Banorte is positioned as the option with the lowest sales pricewhich makes it attractive for those who want to buy dollars. For its part, Banamex remains the banking institution with the highest purchase price.
On the northern border and exchange houses of Tamaulipas, the dollar for sale is around $17.25 pesoswhile The purchase price remains close to $16.75 pesos on average.
In international transfer companies, Western Union quotes the dollar at $16.84 Mexican pesoswhile MoneyGram places it at $17.75 pesos per unit.
Inflation in the United States puts pressure on the dollar
One of the factors that most influences the exchange market this Tuesday is the new inflation report in the United States. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose 3.8% annually in April, exceeding the 3.3% reported in March.
The increase was mainly driven by the rise in energy and gasoline prices. The energy index advanced 3.8% monthly, while the price of gasoline accumulates an annual increase of 28.4%.
Furthermore, oil continues to trade above $100 per barrel, raising inflationary pressure in the United States.
This scenario could directly impact the peso-dollar exchange rate. When US inflation rises, Chances grow that the Federal Reserve will keep interest rates high for longer, strengthening the dollar against other currencies.
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