Mexico Real Effective Exchange Rate
Key information about Mexico Real Effective Exchange Rate
- Mexico Real Effective Exchange Rate (REER: 2005=100: Month Avg: Mexico) was 99.3 in Aug 2024, compared with the number of 92.5 in the previous month.
- Mexico Real Effective Exchange Rate data is updated monthly and averaged 189.2 from Jan 1968 to Aug 2024.
- The data reached an all-time high of 189.2 in Apr 1987 and a record low of 75.5 in Mar 2002.
CEIC generates Real Effective Exchange Rate Index with base 2005=100. Bank of Mexico provides Real Exchange Rate Index with base 1990=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.
Related information about Mexico Real Effective Exchange Rate
- In the latest reports, Mexico Interbank Equilibrium Interest Rate: 91 Days TIIE: Month End was reported at 10.9 % pa in Sep 2024.
- The cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 10.5 % pa in Sep 2024.
- Mexico Exchange Rate against USD averaged 17.2 (USD/MXN) in Jun 2023.
View Mexico's Real Effective Exchange Rate from Jan 1968 to Aug 2024 in the chart:
What was Mexico's Real Effective Exchange Rate in Aug 2024?
Mexico Real Effective Exchange Rate (REER: 2005=100: Month Avg: Mexico) was 99.3 in Aug 2024, compared with the number of 92.5 in the previous month. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
99.3 Aug 2024 | 92.5 Jul 2024 | 75.5 Mar 2002 | 189.2 Apr 1987 | 2005=100 | monthly | Jan 1968 - Aug 2024 |
Real Effective Exchange Rate by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Algeria (2005=100) | 105.2 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Argentina (2005=100) | 53.3 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
Armenia (2005=100) | 233.3 Aug 2024 | monthly | Jan 1997 - Aug 2024 |
Australia (2005=100) | 105.0 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Austria (2005=100) | 103.8 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Azerbaijan (2005=100) | 147.4 Aug 2024 | monthly | Jan 2005 - Aug 2024 |
Bahrain (2005=100) | 95.2 Aug 2024 | monthly | Jan 1980 - Aug 2024 |
Bangladesh (2015-2016=100) | 102.0 2023 | yearly | 2011 - 2023 |
Belarus (2005=100) | 101.0 Dec 2014 | monthly | Jan 1996 - Dec 2014 |
Belgium (2005=100) | 102.7 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Bolivia (2005=100) | 53.3 Aug 2024 | monthly | Jan 1991 - Aug 2024 |
Bosnia and Herzegovina (2005=100) | 96.1 Jul 2024 | monthly | Jan 2005 - Jul 2024 |
Botswana (Dec2018=100) | 97.1 Aug 2023 | monthly | Dec 2009 - Aug 2023 |
Brazil (2005=100) | 83.3 Jul 2024 | monthly | Jan 1988 - Jul 2024 |
Bulgaria (2005=100) | 129.8 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Canada (2005=100) | 91.1 Jun 2024 | monthly | Jan 1999 - Jun 2024 |
Chile (2005=100) | 109.9 Aug 2024 | monthly | Jan 1986 - Aug 2024 |
China (2005=100) | 135.1 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Colombia (2005=100) | 116.6 Sep 2024 | monthly | Jan 1990 - Sep 2024 |
Croatia (2005=100) | 103.1 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Cyprus (2005=100) | 91.8 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Czech Republic (2005=100) | 152.4 May 2023 | monthly | Jan 1995 - May 2023 |
Denmark (2005=100) | 96.8 Dec 2023 | monthly | Jan 1970 - Dec 2023 |
Ecuador (2007=100) | 110.3 Nov 2017 | monthly | Jan 2011 - Nov 2017 |
Estonia (2005=100) | 143.8 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
European Union (2005=100) | 92.6 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Finland (2005=100) | 93.8 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
France (2005=100) | 91.5 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Georgia (2005=100) | 133.3 Aug 2024 | monthly | Dec 1995 - Aug 2024 |
Germany (2005=100) | 95.2 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Ghana (2005=100) | 67.5 Aug 2024 | monthly | Dec 1979 - Aug 2024 |
Greece (2005=100) | 94.4 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Hong Kong SAR, China (2005=100) | 106.9 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Hungary (2005=100) | 100.5 Jul 2024 | monthly | Jan 1990 - Jul 2024 |
Iceland (2005=100) | 88.6 Sep 2024 | monthly | Jan 1979 - Sep 2024 |
India (2005=100) | 115.6 Sep 2024 | monthly | Apr 2004 - Sep 2024 |
Indonesia (2005=100) | 113.2 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Iran (2005=100) | 866.7 Aug 2024 | monthly | Jan 1979 - Aug 2024 |
Ireland (2005=100) | 84.4 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Israel (2005=100) | 120.3 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Italy (2005=100) | 94.5 Jun 2023 | monthly | Jan 1993 - Jun 2023 |
Ivory Coast (2005=100) | 99.9 Aug 2024 | monthly | Dec 1979 - Aug 2024 |
Japan (2005=100) | 57.6 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
Kazakhstan (2005=100) | 99.7 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Kenya (2005=100) | 73.5 Aug 2015 | monthly | Oct 1997 - Aug 2015 |
South Korea (2005=100) | 82.4 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Kosovo (Jan2007=100) | 118.5 Aug 2024 | monthly | Dec 2006 - Aug 2024 |
Kyrgyzstan (2005=100) | 138.3 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Latvia (2005=100) | 130.7 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Lithuania (2005=100) | 130.7 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Luxembourg (2005=100) | 98.7 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
North Macedonia (2005=100) | 111.5 May 2023 | monthly | Jan 1993 - May 2023 |
Malawi (2010=100) | 88.3 Aug 2024 | monthly | Dec 1979 - Aug 2024 |
Malaysia (2005=100) | 92.6 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Malta (2005=100) | 97.1 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Mexico (2005=100) | 99.3 Aug 2024 | monthly | Jan 1968 - Aug 2024 |
Moldova (2005=100) | 224.4 Aug 2024 | monthly | Nov 1993 - Aug 2024 |
Mongolia (2005=100) | 121.5 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Morocco (2005=100) | 93.5 Aug 2024 | monthly | Jan 1988 - Aug 2024 |
Netherlands (2005=100) | 98.5 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
New Zealand (2005=100) | 96.6 Aug 2024 | monthly | Jan 1984 - Aug 2024 |
Nigeria (2005=100) | 72.5 Aug 2024 | monthly | Dec 1979 - Aug 2024 |
Norway (2005=100) | 73.0 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Pakistan (2010=100) | 98.8 Dec 2023 | monthly | Jan 2013 - Dec 2023 |
Paraguay (2005=100) | 69.9 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
Peru (2005=100) | 93.9 Sep 2024 | monthly | Jan 1991 - Sep 2024 |
Philippines (2005=100) | 138.8 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Poland (2005=100) | 115.8 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Portugal (2005=100) | 93.1 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Romania (2005=100) | 113.5 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Russia (2005=100) | 95.8 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Saudi Arabia (2005=100) | 123.8 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Serbia (2005=100) | 143.2 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
Singapore (2005=100) | 136.8 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Slovakia (2005=100) | 138.9 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Slovenia (2005=100) | 101.1 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
South Africa (2005=100) | 89.0 Jul 2024 | monthly | Jan 1970 - Jul 2024 |
Spain (2005=100) | 97.3 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Sri Lanka (2017=100) | 72.8 Aug 2024 | monthly | Jan 2013 - Aug 2024 |
Sweden (2005=100) | 79.5 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Switzerland (2005=100) | 116.1 Sep 2024 | monthly | Jan 1973 - Sep 2024 |
Taiwan (2005=100) | 90.5 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Thailand (2005=100) | 119.9 Aug 2024 | monthly | Jan 1994 - Aug 2024 |
Tunisia (2005=100) | 84.2 Aug 2024 | monthly | Jan 1979 - Aug 2024 |
Turkey (2005=100) | 55.7 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Ukraine (2005=100) | 80.9 Aug 2024 | monthly | Dec 1992 - Aug 2024 |
United Arab Emirates (2005=100) | 124.0 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
United Kingdom (2005=100) | 89.2 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
United States (Jan2006=100) | 115.5 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
Uruguay (2005=100) | 45.3 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Venezuela (2005=100) | 0.8 Feb 2019 | monthly | Jan 1994 - Feb 2019 |
Zambia (2005=100) | 123.6 Jun 2024 | monthly | Jan 2013 - Jun 2024 |
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Learn more about what we doMexico Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -4.1 Jun 2024 | quarterly | Dec 1980 - Jun 2024 |
Consolidated Fiscal Balance (USD mn) | -229.524 Aug 2024 | monthly | Jan 1977 - Aug 2024 |
Tax Revenue (USD mn) | 20,784.424 Aug 2024 | monthly | Jan 1977 - Aug 2024 |
Tax Revenue: % of GDP (%) | 15.1 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
National Government Debt (USD mn) | 901,949.6 Aug 2024 | monthly | Dec 2005 - Aug 2024 |
Government Debt: % of GDP (%) | 48.2 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
Forecast: Government Expenditure (MXN bn) | 11,652.146 2029 | yearly | 1990 - 2029 |
Forecast: Government Net Debt (MXN bn) | 26,401.275 2029 | yearly | 1996 - 2029 |
Forecast: Government Revenue (MXN bn) | 10,439.952 2029 | yearly | 1990 - 2029 |
External Public Debt: Gross (USD mn) | 206,913.000 Feb 2019 | monthly | Jan 1990 - Feb 2019 |
Domestic Public Debt: Gross Debt (MXN mn) | 7,093,613.000 Feb 2019 | monthly | Dec 2005 - Feb 2019 |
Balance of Payments | Last | Frequency | Range |
---|---|---|---|
Direct Investment Abroad (USD mn) | 3,745.4 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Current Account Balance (USD mn) | -14,282.0 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Current Account Balance: % of GDP (%) | 0.7 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Foreign Direct Investment (USD mn) | 6,656.7 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Foreign Direct Investment: % of GDP (%) | 1.4 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Foreign Portfolio Investment (USD mn) | -5,987.023 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Foreign Portfolio Investment: % of GDP (%) | -1.2 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Foreign Portfolio Investment: Equity Securities (USD mn) | -3,724.7 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Foreign Portfolio Investment: Debt Securities (USD mn) | -2,262.343 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
External Debt (USD mn) | 447,827.9 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
External Debt: % of GDP (%) | 33.1 2023 | yearly | 2002 - 2023 |
External Debt: Short Term (USD mn) | 62,513.7 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
External Debt: Short Term: % of GDP (%) | 3.4 2023 | yearly | 2002 - 2023 |
Total Debt: % of GDP (%) | 106.2 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
Forecast: Current Account Balance (USD bn) | -20.878 2029 | yearly | 1980 - 2029 |
Net International Investment Position (USD mn) | -680,266.473 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
Domestic Public Debt: Short Term (MXN mn) | 774,861.300 Aug 2024 | monthly | Dec 2005 - Aug 2024 |
Domestic Public Debt: Long Term (MXN mn) | 12,581,598.300 Aug 2024 | monthly | Dec 2005 - Aug 2024 |
BoP: Current Account (CA) (USD mn) | 3,638.815 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
BoP: Capital Account (USD mn) | -2.737 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
BoP: Capital Account: Credit (USD mn) | 46.150 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
BoP: Capital Account: Debit (USD mn) | 48.887 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
BoP: Errors and Omissions (USD mn) | 2,042.829 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
BoP: FA: Other Investment (USD mn) | -5,734.485 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
BoP: Financial Account (FA) (USD mn) | 5,678.907 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
BoP: FA: Financial Derivatives (USD mn) | 839.712 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
BoP: FA: Reserve Assets (USD mn) | 5,252.303 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
BoP: FA: Direct Investment (DI) (USD mn) | -2,911.353 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
BoP: FA: Portfolio Investment (PI) (USD mn) | 8,232.730 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Gross External Debt: OS: NF: Public Corp (USD mn) | 94,691.200 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
Gross External Debt: OS: NF: Private (USD mn) | 119,088.500 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
FDI: Manufacturing (USD th) | 3,942,928.989 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
FDI: Commerce (USD th) | 579,448.632 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
FDI: Transport & Storage (USD th) | 31,046.845 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
FDI: Financial & Insurance Services (USD th) | -987,103.989 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
FDI: Financial and Insurance Svcs (USD th) | 2,495,000.000 2018 | yearly | 1999 - 2018 |
Foreign Direct Investment: Germany (USD th) | 2,604,400.000 2018 | yearly | 1999 - 2018 |
FDI: Canada (USD th) | 225,759.407 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
FDI: Germany (USD th) | 1,916,694.400 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
FDI: Japan (USD th) | 1,079,215.340 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
FDI: Spain (USD th) | 637,886.315 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
FDI: United States (USD th) | -35,887.941 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.9 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
Household Debt: % of GDP (%) | 16.5 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
Non-Performing Loans (USD mn) | 7,240.744 Aug 2024 | monthly | Jan 1997 - Aug 2024 |
Money Supply M1 (USD mn) | 386,294.843 Aug 2024 | monthly | Dec 1985 - Aug 2024 |
Money Supply M2 (USD mn) | 707,141.239 May 2023 | monthly | Dec 1985 - May 2023 |
M2 Growth (%) | 12.8 Aug 2024 | monthly | Dec 1986 - Aug 2024 |
Foreign Exchange Reserves (USD mn) | 201,465.6 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Foreign Exchange Reserves: % of GDP (%) | 10.372 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 3.5 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Gold Reserves (USD mn) | 9,728.304 Aug 2024 | monthly | Dec 1956 - Aug 2024 |
Total Deposits (USD mn) | 441,507.102 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Total Deposits Growth (%) | 8.5 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
Domestic Credit (USD mn) | 770,635.7 Jul 2024 | monthly | Dec 2001 - Jul 2024 |
Domestic Credit Growth (%) | 12.5 Jul 2024 | monthly | Dec 2002 - Jul 2024 |
Debt Service Ratio: Private Non-Financial Sector (%) | 5.300 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Credit to Households (USD bn) | 305.082 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
Credit to Private Non-Financial Sector (USD bn) | 696.602 Dec 2023 | quarterly | Dec 1980 - Dec 2023 |
Household Debt (USD mn) | 296,530.7 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
Total Loans (USD mn) | 436,213.218 Aug 2024 | monthly | Dec 2000 - Aug 2024 |
Total Loans Growth (%) | 12.40 Aug 2024 | monthly | Dec 2001 - Aug 2024 |
Private Debt: % of Nominal GDP (%) | 19.96 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
ORA: Gold incl Gold on Loans (USD mn) | 5,083.121 Feb 2019 | monthly | Jan 2000 - Feb 2019 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -4.2 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
PMI: sa (Point) | 51.758 Mar 2019 | monthly | Jan 2004 - Mar 2019 |
Composite Leading Index: sa (2013=100) | 104.600 Jan 2019 | monthly | Jan 1980 - Jan 2019 |
Composite Coincident Index: sa (2013=100) | 113.000 Jan 2019 | monthly | Jan 1980 - Jan 2019 |
Composite Coincident Index: sa: 2018=100 (2018=100) | 101.400 Jul 2024 | monthly | Jan 1980 - Jul 2024 |
Composite Leading Index: sa: 2018=100 (2018=100) | 109.100 Jul 2024 | monthly | Jan 1980 - Jul 2024 |
More Indicators for Mexico
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