What are Mexico’s UDIs, and what are they used for?
UDIs were introduced as an inflation-protected unit and are still used today for mortgages, bonds, and some financial calculations
Your Money and Finances in Mexico
Articles about money, banking and personal finance matters in Mexico
Articles about money, banking and personal finance matters in Mexico
Learning How to Navigate Mexico’s Tipping Culture
Tipping is woven into the fabric of Mexican trading culture and appropriate in many everyday situations. This article helps you get acquainted with them
Mexico’s Peso: More Big Strides in ’23; Estimates for 2024
In 2023, Mexico's peso extended the solid gains it made in 2022, supported by interest rates, economic growth, exports, tourism, and remittances from abroad
Mexico’s Minimum Wage Increased by 20% for 2024
Mexico implements six consecutive years of double-digit daily minimum wage rises with another increase of 20% in 2024—to $248.93 pesos per work day
Mexico’s Peso: Stability & Gains in ’22; Estimates for 2023
Mexico's peso was stable and also posted a solid gain in 2022, supported by interest rates, exports, tourism, and foreign-currency remittances from abroad
Mexico’s Minimum Wage Increased by 20% for 2023
Mexico continues to follow a pattern of inflation-busting daily minimum wage rises with an increase of 20% for 2023—to $207.44 pesos per work day
The Peso’s Fairly Smooth Year in 2021 and Estimates for 2022
Mexico's peso was fairly stable against the US dollar in 2021, supported by prudent policy decisions and a recovering economy after a tumultuous 2020
Mexico’s Minimum Wage Increased by 23% for 2022
Mexico continues to follow a pattern of inflation-busting daily minimum wage rises with an increase of 23% for 2022
Mexico’s Bank Introduces a New $50-peso Note
Mexico's central bank completes a new series of bills with a $50-peso note that features artwork from Mexico's ancient history and natural heritage
Mexico Introduces Redesigned $20-peso Bill and New Coins
Mexico's bank has introduced a colorful new $20-peso banknote that commemorates Mexico's independence, and also minted new coins for spenders and collectors
The Changing Faces on Mexico’s Colorful Banknotes
As the Bank of Mexico nears completion of its current round of banknote design upgrades, Foreign Native comments on the latest reshuffle of historical figures gracing the bills
Mexico’s Peso Roller-Coaster Ride of 2020 and Estimates for 2021
Mexico's peso experienced a dramatic fall and recovery in 2020, influenced by global events and supported by a range of policy decisions
