A few moments ago, the Iranian government announced the reopening of the Strait of Hormuz, which will definitely favor the movement in the markets. However, the exchange rate is governed by a different logic. This Friday, April 17, 2026, The price of the dollar in Mexico is once again much lower, where the peso continues to strengthen.
Today, The dollar is quoted at an average of $17.24 pesos per unitshowing a day with minimal changes compared to the previous day. Stability dominates the exchange market, although with a slight decline in the Mexican peso of 0.25% at the close.
According to the Bank of Mexico (Banxico), The dollar closed on Thursday, April 16 at $17.2522 pesostaking the average number of bank transactions as nasty. In practical terms, The market managed a level close to $17.25 pesos per dollar at the end of the day.
For this Friday, FIX exchange ratepublished in the Official Gazette of the Federation, is located at $17.2723 pesos per dollar. This indicator is key for contracts, financial operations and obligations denominated in foreign currency.
In addition, The exchange rate applicable for the payment of obligations in dollars remained at $17.2623 pesosalso determined by Banxico.
These slight movements in currencies during the day on Thursday occurred prior to the news that grabbed the headlines this Friday morning that the government of Iran will allow free transit in the Strait of Hormuz, which will definitely influence the exchange rate on the day. Until the writing of this article, The dollar was quoted at $17.22 Mexican pesos per unit.
If you plan to buy, sell or send dollars to Mexico, it is essential to check the prices at the counter. These are the approximate purchase and sale ranges for this April 17:
- Affirm: buy at $16.40 pesos and sell at $17.90 pesos.
- Azteca Bank: purchase at $16.20 pesos and sale at $16.ninety 9 pesos.
- BBVA: buy at $16.40 pesos and sell at $17.fifty three pesos.
- Banorte: purchase at $16.05 pesos and sale at $17.60 pesos.
- Banamex: purchase at $16.75 pesos and sale at $17.72 pesos.
- Scotiabank: buy at $15.80 pesos and sell at $18.30 pesos.
It is important to consider that these values change constantly during the day, so the final price may vary at the time of placing the operation. Today, Banco Azteca sells you dollars cheaper than any other bank in Mexico. For its part, Banamex is the financial institution that pays the most for your greenbacks.
In international transfer companies, the dollar also varies: Western Union handles it for around $16.90 pesoswhile MoneyGram places it at $17.64 pesos per unit.
The key notify: reopening of the Strait of Hormuz
One of the most relevant elements that is influencing global markets is the reopening of the Strait of Hormuz, a strategic route through which nearly 20% of the world’s oil circulates.
Iran’s Foreign Minister Abbas Araghchi confirmed that The maritime passage will be open as long as the ceasefire is maintained. In parallel, President Donald Trump reacted publicly with a brief message on his social networks.
“Iran has just announced that the strait is completely open and ready for free movement. Thank you!” wrote the president in Truth Social.
This announcement reduced tension in international markets; As a result, oil prices registered downward adjustments and better performance was observed in stock markets and bonds. Brent crude oil stands at $89.43 dollars per barrel, while West Texas Intermediate (WTI) is around $81.fifty three dollars.
Impact on remittances and personal finances
The so-called “superpeso” continues to be a double-edged sword: although it strengthens the national currency, lower the purchasing power of those who receive remittances in Mexico. In other words, for the same amount of dollars, you now get fewer pesos.
This phenomenon also affects workers who earn in dollars but spend in Mexican territory, as well as sectors linked to tourism and border trade.
You may also be interested in:
- States where squatters could take your home
- How many CDs can you have in a bank without losing FDIC insurance?
- Price of the dollar in Mexico today, April 16, 2026: what strengthens the peso?
- Why would opening a CD after inflation spikes make you more money?
- The 2026 tax season ends: how to request an extension and how it helps you
