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You are here: Home / How to Buy Real Estate in Mexico / Price of U.S. Dollar on Feb. 9 in México: 19.15 Pesos

Price of U.S. Dollar on Feb. 9 in México: 19.15 Pesos

Filed Under: How to Buy Real Estate in Mexico

The price of the dollar on Tuesday moved beyond the barrier of 19 pesos, to be located on sale at 19.15 pesos. Last month we reported that the peso had a hit a record high of 18

 photo pesonotes 50_zpsfo9ch9ct.jpgBanks in the city of Mexico (DF) placed the price of the dollar to 19.15 dollars, five cents more compared to the closing of yesterday. The euro meanwhile advanced 15 cents compared to the previous day and offers a maximum of 21.47 pesos, while yen reaches a quote the sale of 0.178 pesos.

Low oil prices continue to affect the currencies of emerging economies and oil-producing countries. Current exchange rate levels are highly likely to reach the contributions greater than 19 pesos per dollar in the short term and there is still  the possibility to quotes of 20 pesos per dollar. So far in February the average differential of oscillation of the peso-dollar has been 35.2 cents, which is the most since November 2008 and only surpassed by October 2008.

 photo og_zpsmu66z2es.png

The strengthening of the dollar against the peso has helped boost U.S. tourism to Mexico. If you are thinking about visiting then now woud be the ideal time to do so as your dollar will go very far. Although prices of housing continue to list in U.S. dollars there are adjustments made in accordance to the dollar´s value, so you are likely to find a good deal if you search for it. The real savings come in the cost of your lifestyle, with food, gas, and everyday living expenses made all the more cheaper.

If you are looking to invest in property now and take advantage of this powerful dollar then one of the best ways  is by signing up for the Live It, Compare It & Buy It Tour. This educational tour provides you with the means to see a wide range of properties in some of the best neighborhoods in the Riviera Maya. There are workshops and classes that are conducted by the area’s leading experts to assist you in buying with confidence and safety. .

Buying real estate in the Riviera Maya requires informed decision about the Mexican real estate market and The Live It Tour covers everything from how to buy property in Mexico to how to live in Mexico. If you have any questions about any of the Top Mexico Real Estate properties we have listed anywhere throughout Mexico, please feel free to contact any of our Top Mexico Buyers’ Representatives and we will be glad to help you find your very own piece of paradise.

And remember, here at Top Mexico Real Estate …

We make it happen!

 

 

About Thomas Lloyd

Hi, I am Thomas Lloyd, founder and CEO of Top Mexico Real Estate. Our mission is to help foreigners buy their dream home in Mexico and to offer an enjoyable and safe experience as they invest in Mexico. Read more
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