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Author: Subject: How much further is the dollar going to decline?
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[*] posted on 4-3-2023 at 11:47 AM
How much further is the dollar going to decline?


The US dollar has lost about 10% of it's value, compared to the MX peso. How much further is the dollar goi?g to slide down the hill.
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[*] posted on 4-3-2023 at 12:28 PM
January 2020 to April 2023 Dollar to Peso Graph


Didn't take long for an exciting beginning to go crashing down!

us-dollar-mexican-peso-exchange-rate-historical-chart-2023-04-03-macrotrends.png - 41kB




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[*] posted on 4-3-2023 at 12:36 PM


After the Saudis' announcement of coming production cuts, gas prices are going to go back up starting in the summer, further weakening people's spending power.





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[*] posted on 4-3-2023 at 01:37 PM


another chart from XE


Peso Dollar chart.jpg - 70kB
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[*] posted on 4-3-2023 at 02:13 PM


Quote: Originally posted by lencho  
Quote: Originally posted by David K  
Didn't take long for an exciting beginning to go crashing down!

Where on earth did you get that graph? I haven't seen it go above 21 in that lapse.

From x-rates.com:




The Internet, it's on computers now! ;)




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[*] posted on 4-3-2023 at 10:20 PM


16.5p at OXXO Pescadero today.



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[*] posted on 4-4-2023 at 06:21 AM


Quote: Originally posted by Lee  
16.5p at OXXO Pescadero today.


I was wondering if there was an ATM in Pescadero besides the one at OXXO, as I'm a bit wary of third-party cash machines - even in the States. I ended up getting pesos at one of the banks in Todos Santos during our last trip, although I also noticed that quite a few businesses (Agricole, Todos Santos Brewery, and Docecuarenta come to mind) take credit cards.




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[*] posted on 4-4-2023 at 07:05 AM


Quote: Originally posted by lencho  
Quote: Originally posted by David K  
The Internet, it's on computers now! ;)

You ever actually considered the effect of sarcasm on a conversation?

Plonk.


Only for my Nomad friends who never shy away from 'plonking' on me!

I simply Googled the question Peso to Dollar graph. Then I customized it to show the rate from January 2021 to now. The same graph PaulW used, only his was the larger time span graph, right off the website.




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[*] posted on 4-4-2023 at 08:51 AM


The future of the dollar? How far will it drop?
https://youtu.be/2H2G-HkFNn8
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[*] posted on 4-4-2023 at 03:00 PM


Quote: Originally posted by pauldavidmena  
Quote: Originally posted by Lee  
16.5p at OXXO Pescadero today.


I was wondering if there was an ATM in Pescadero besides the one at OXXO, as I'm a bit wary of third-party cash machines - even in the States. I ended up getting pesos at one of the banks in Todos Santos during our last trip, although I also noticed that quite a few businesses (Agricole, Todos Santos Brewery, and Docecuarenta come to mind) take credit cards.


Just started using a cc at Agricole re using too much cash. Use the Todos banks once a week. Don’t trust 3rd party ATM’s. Think OXXO is it in Pesky.




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[*] posted on 4-4-2023 at 05:33 PM


Quote: Originally posted by David K  
Didn't take long for an exciting beginning to go crashing down!



That blip back in 2020 was the point of break-over.

I remember right after that when most of Mexico went to work reworking prices upward significantly.
Literally people in stores relabeling price tags on many things.

It has not come back down in relationship to the dollar dropping.

I don't know how many people here even fill up with petrol and pay their CFE bills.



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[*] posted on 4-4-2023 at 06:16 PM


??? Obviously everyone driving is buying petrol and if you don't pay your CFE bill they cut off your electricity.
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[*] posted on 4-4-2023 at 06:25 PM


Quote: Originally posted by Lee  
16.5p at OXXO Pescadero today.


Well, yeah. :rolleyes:

The dollar actually topped 19 about 7-10 days ago.......for one day. It had spent a lot of time in the 18s. Which is where it is right now.

You're using a card at an OXXO and that is what you are getting? Why?????
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[*] posted on 4-4-2023 at 06:29 PM


Quote: Originally posted by lencho  
Quote: Originally posted by David K  
The Internet, it's on computers now! ;)

You ever actually considered the effect of sarcasm on a conversation?

Plonk.


Best pot calling the kettle black post I can remember on this site.

BTW, sarcasm from DavidK is EXTREMELY RARE, IMO. But, MAN, it was kinda deserved in this case. Where else would one go to find exchange rates? Drive to the bank and see what's posted? :lol:
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[*] posted on 4-5-2023 at 04:48 AM


Quote: Originally posted by lencho  
Quote: Originally posted by Hook  
Best pot calling the kettle black post I can remember on this site.

Could be; I'll pay more attention.
Quote: Originally posted by Hook  
But, MAN, it was kinda deserved in this case. Where else would one go to find exchange rates? Drive to the bank and see what's posted? :lol:

Mine was actually a serious inquiry as to his specific source, and "the Internet" is a big place.

Kinda like answering a question about the source of a literary quote with "The library-- it's right down the block, you know." :rolleyes:


I thought you were joking with me, when you asked... so, I joked back. Did you think I just made up that graph? Unless it is a scan off a Baja book, or a map I made, anything non-Baja I post is from the Internet. Sorry that I didn't take you seriously... You know I love to provide accurate answers... and some of them even are right!




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[*] posted on 4-5-2023 at 05:48 AM


Quote: Originally posted by Hook  
Quote: Originally posted by Lee  
16.5p at OXXO Pescadero today.


Well, yeah. :rolleyes:

The dollar actually topped 19 about 7-10 days ago.......for one day. It had spent a lot of time in the 18s. Which is where it is right now.

You're using a card at an OXXO and that is what you are getting? Why?????


Well no. No cc or pesos. Stopped at OXXO for milk saw a sign posted for rates.




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[*] posted on 4-5-2023 at 05:52 AM


It's been 17.50 around Constitucion for awhile now.
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[*] posted on 4-5-2023 at 08:15 AM


Came up about a tenth of a peso since yesterday. The rate seems to bounce off of 18.0, as a floor. When it got down there about 10 days ago, it bounced up to 19 for one day, and then continued slowly downward. Yesterday was less than one tenth of a peso from 18.
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[*] posted on 4-5-2023 at 08:26 AM


The 10 year average is 18.3391 according to Bing and the rate today is 18.352833.



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[*] posted on 4-5-2023 at 08:31 AM


Here's pretty much the same data others have presented, this time from Google Finance.





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