# Mexican Peso Appreciation Starts November With Gains

> The Mexican peso opened November 1 at 18.7916 per dollar in electronic trading, gaining 0.06%, after eight consecutive weeks of losses that cumulatively reached 11.25%. Banxico's official close on Friday was 18.8037 per dollar, a 0.18% gain for that session, though the week still ended with a 0.77% depreciation.

- Date: 2026-11-02 · published 2026-11-03T06:08:19.124Z
- Category: market · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/77068-mexican-peso-appreciation-starts-november-with-gains
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Small day-to-day moves in the peso have little effect on feed import costs for Mexican buyers. The longer-run depreciation trend matters more for dollar-priced grain and meal purchases.

## Read by commodity

- USDMXN: neutral

## Sources

- en.cryptonomist.ch: https://en.cryptonomist.ch/2026/11/02/mexican-peso-appreciation-november/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.