dailyloe.com – The US dollar opened trading on Monday, April 20, 2026, at an exchange rate of 17.32 Mexican pesos. This information came from the Bank of Mexico at the close of the previous business day. The official exchange rate is determined by the Bank of Mexico. It is based on a wholesale market average for transactions.
The rate uses quotes from representative transaction platforms. These quotes are for operations settled on the second following banking day. The institution provided this explanation for its methodology. At Banamex, the dollar was priced at 16.79 pesos for purchase.
It was priced at 17.72 pesos for sale. Exchange rate behavior directly affects remittances and cross-border trade. It also impacts international payment transactions and financial decisions. Millions of people are affected by these fluctuations.
At Elektra – Banco Azteca, the dollar was at 16.60 MXN for purchase today. For sale, it was at 16.99 MXN. In international money transfer companies, the dollar was quoted at 16.81 MXN. This rate was noted at Western Union on this day.
Meanwhile, the exchange rate was $1 dollar for 17.65 MXN at MoneyGram. A strong peso does not benefit everyone. Mexico has experienced this strong currency since 2023. The so-called ‘superpeso’ has a negative impact on certain groups.
It affects those who earn in dollars but live in Mexico. It also impacts people receiving remittances from family in the north. In the case of remittances, their purchasing power will decline. This will happen if the exchange rate stays at current levels for the rest of the year.
