The US dollar's current value in the market reflects its continued strength against several emerging currencies, although it is undergoing fluctuations in the Latin American region.
The U.S. dollar's exchange value on Thursday, November 12, 2026, closed at 18.61 Mexican pesos, as reported by Dow Jones.
The exchange rates for international money transfer services, including Western Union and MoneyGram, are currently listed at 18.39 Mexican pesos per US dollar for Western Union and 18.26 Mexican pesos per US dollar for MoneyGram.
The US dollar continued to trade at a relatively stable rate against the Mexican peso this week, with a current exchange rate of 18.61 pesos per dollar, as the market trend remains subdued.
The Honduran lempira has continued to appreciate against the US dollar, with the exchange rate reaching 26.9 lempiras per dollar as of the current day.
The Nicaraguan dollar exchange rate continued to show a positive trend following the closure of markets. As of Thursday, the exchange rate stood at 36.62 cordobas per US dollar.
The Costa Rican currency, the colon, appreciated against the US dollar in the market today, with the exchange rate averaging 445.25 colons per dollar, a reversal from the dollar's typical trend.
The Dominican peso maintained its upward momentum against the US dollar following the currency's closure, with a value of 60.47 pesos per dollar as of the latest available data.
Individuals sending funds from the United States are advised to research and compare rates prior to initiating a transfer. This involves considering the prevailing exchange rate and the fees levied by various remittance services. By entering the destination country and the intended transfer amount, users can accurately calculate the associated costs.
The Mexican Peso has experienced significant fluctuations in value against the US Dollar, with notable changes observed over the past few years. In 2021, the peso reached a historic low against the dollar, with a record exchange rate of approximately 20.5 pesos per dollar. This decline was attributed to a combination of factors, including the COVID-19 pandemic, economic instability, and a decrease in investor confidence. As a result, the dollar's purchasing power in Mexico increased substantially, with tourists and expatriates benefiting from the favorable exchange rate. However, the peso's value has shown signs of recovery in recent times, with the exchange rate stabilizing at around 19-20 pesos per dollar. This shift is largely attributed to the Mexican government's efforts to stimulate economic growth, improve infrastructure, and attract foreign investment.
Dollar price in Honduras
Dollar price in Nicaragua
The Costa Rican currency, the colón, has continued to experience fluctuations in its value against the US dollar. As of the latest data available, the exchange rate has been steadily increasing, with the dollar reaching a high of approximately 662 colones in early 2023. This significant appreciation in the dollar's value has been attributed to various economic factors, including changes in global market trends and shifts in the country's trade balance.
In recent months, the exchange rate has seen a notable decline, with the dollar trading at around 630 colones in mid-2023. This decrease has been attributed to a combination of factors, including an increase in foreign investment and a strengthening of the country's economy.
The Central Bank of Costa Rica has been closely monitoring the exchange rate and has taken steps to stabilize the currency. The bank has implemented policies aimed at reducing inflation and promoting economic growth, which has helped to mitigate the impact of exchange rate fluctuations on the country's economy.
As a result of these efforts, the exchange rate has remained relatively stable, with the dollar trading at around 620 colones as of the latest available data. This stability has been welcomed by businesses and investors, who have been able to plan and make decisions with greater confidence in the country's economic outlook.
The Dominican Republic's exchange rate has experienced fluctuations, with the US dollar's value varying over time. As of the latest available data, the exchange rate is subject to change, influenced by global economic factors and local market conditions. The country's currency, the Dominican peso, is pegged to the US dollar, which has a significant impact on the local economy. The exchange rate has been affected by various factors, including inflation, interest rates, and international trade policies.
Remittances to Latin America Continue to Break Records.
According to recent data, the region received a record $143 billion in remittances in 2022, marking a 10.6% increase from the previous year. This surge in remittances has been driven primarily by the large number of Latin Americans living and working abroad, particularly in the United States.
The top recipients of remittances in Latin America were Mexico, which received $47.3 billion, followed by Brazil with $31.6 billion, and Colombia with $24.4 billion. These countries have seen significant increases in remittances over the past year, with Mexico experiencing a 12.3% rise and Brazil a 9.4% increase.
Remittances play a vital role in the economies of many Latin American countries, with some nations relying on these funds to cover up to 20% of their GDP. The continued growth of remittances in the region is expected to have a positive impact on economic development and poverty reduction.
