# Mexican Peso Rises Against Dollar Ahead of US Elections; Today's Exchange Rate on Tuesday, November 3

> The Mexican peso gained ground on Tuesday, with the dollar trading near 18.61 pesos, down about 1.04% from the previous close of 18.81. The move comes as markets watch the US midterm elections and Middle East tensions. The peso has appreciated about 0.49% over the past seven days.

- Date: 2026-11-03 · published 2026-11-03T15:10:50.648Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/77880-mexican-peso-rises-against-dollar-ahead-of-us-elections-today-s-exchange-rate
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger peso lowers the peso cost of imported feed ingredients for Mexican buyers. Its direction on this day is small and does not change the broader feed cost outlook.

## Read by commodity

- DXY: bearish ▼
- USDMXN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-09-30 | [Ringgit rises against US dollar on shutdown and rate cut expectations \| Daily Express Malaysia - Sabah's Leading News Portal](https://feedsoft.ai/events/23160-ringgit-rises-against-us-dollar-on-shutdown-and-rate-cut-expectations-daily.md) | +0.1% | +0.4% |
| DXY | 2023-12-22 | [Peso strengthens to best rate against the US dollar since August](https://feedsoft.ai/events/32933-peso-strengthens-to-best-rate-against-the-us-dollar-since-august.md) | -0.8% | +1.5% |
| DXY | 2023-05-25 | [Why is the Mexican Peso Gaining against the Dollar?](https://feedsoft.ai/events/36160-why-is-the-mexican-peso-gaining-against-the-dollar.md) | -0.4% | -1.1% |
| DXY | 2024-08-23 | [Pound Rises to Strongest in Over Two Years Against the US Dollar - Bloomberg](https://feedsoft.ai/events/29067-pound-rises-to-strongest-in-over-two-years-against-the-us-dollar-bloomberg.md) | -0.1% | -0.8% |
| DXY | 2018-02-22 | [Mexico peso firms on rate hike bets, weaker U.S. dollar](https://feedsoft.ai/events/66711-mexico-peso-firms-on-rate-hike-bets-weaker-u-s-dollar.md) | +0.5% | -0.1% |

## Sources

- cronista.com: https://www.cronista.com/mexico/dolar-peso-mexicano/peso-mexicano-hoy-el-tipo-de-cambio-opera-erratico-frente-al-dolar-por-elecciones-en-eeuu/
- debate.com.mx: https://www.debate.com.mx/economia/peso-mexicano-sube-frente-al-dolar-por-elecciones-en-ee.uu.-y-asi-cotiza-hoy-3-de-noviembre-20261103-0041.html
- elimparcial.com: https://www.elimparcial.com/dinero/2026/11/03/peso-mexicano-sube-frente-al-dolar-ante-las-elecciones-en-estados-unidos-y-asi-cotiza-el-tipo-de-cambio-hoy-martes-3-de-noviembre/
- elimparcial.com: https://www.elimparcial.com/dinero/2026/11/04/peso-mexicano-gana-terreno-mientras-el-dolar-cae-tras-elecciones-en-estados-unidos-y-asi-cotiza-el-tipo-de-cambio-hoy-4-de-noviembre/

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