Price of the dollar in Mexico today, July 3, 2026
Check the price of the dollar in Mexico today, July 3, 2026, the FIX exchange rate and the quote in banks. This is how statements about the T-MEC affect
Today, Friday, July 3, 2026, the price of the dollar in Mexico closes the week with a considerable drop, despite the recovery in recent days. However, political, economic and commercial events related to the T-MEC have impacted the markets and currency exchange.
At the opening this Friday, the US dollar was quoted at $17.46 Mexican pesos, a decrease of 0.04% compared to the previous closing price of $17.47 pesos, according to Dow Jones data.
The peso had a difficult day after the United States government rejected the idea of renewing its presence in the T-MEC free trade agreement with Mexico and Canada. The Mexican currency had losses of 0.42% during the previous day. However, despite this, the most affected was the dollar, which had a decrease of 0.3%, which adds to the 7.41% drop in its value during one year.
The Bank of Mexico (Banxico) reported that the official closing on Thursday, July 2, was $17.4795 pesos per dollar, a value that results from the average of the banking transactions that occur during the day. However, because the price of the dollar is quoted throughout the day, the exchange rate against the peso closed at $17.48 pesos.
This reflected a current volatility of 4.3%, well below the reference of 7.53%. What does this mean? When recent volatility is lower than the historical average, it suggests a relatively stable market.
Likewise, Banxico reported that the FIX exchange rate published in the Official Gazette of the Federation (DOF) of Mexico was established at $17.4725 pesos per dollar for this Friday. This exchange rate is used to establish a price for various contracts, financial operations and procedures, and is published at noon on the previous business day.
The FIX exchange rate is a reference price determined by Banxico, which is calculated based on the average of quotes observed in the wholesale exchange market during banking business days, that is, where banks and other financial institutions buy and sell large amounts of dollars among themselves.
Meanwhile, the exchange rate for the payment of obligations denominated in foreign currency was set at $17.5368 pesos for each green currency. This is a specific exchange rate provided for in Mexican legislation for when a person has a debt agreed in dollars. In other words, it indicates how many pesos a person or company must pay to settle an obligation agreed in dollars within Mexico.