Exchange Rate Calculator

As of May 3, 2025, Ethereum (ETH) is trading at approximately 1,842.25 USD. Given the current exchange rate of 1 USD to 17.5 MXN, this equates to about 32,239.38 MXN per ETH.

Recent Performance

Over the past month, Ethereum has experienced a decline of approximately 10% against the Mexican Peso. On April 25, 2025, ETH was valued at 35,106.38 MXN, reflecting a 1.19% increase from the previous day. However, by April 24, 2025, the value had decreased by 1.61% to 34,693.88 MXN. This downward trend continued, with ETH reaching 31,152.18 MXN on April 21, 2025, marking a 0.41% decrease from the prior day.

Historical Context

Ethereum's all-time high against the Mexican Peso was recorded on November 16, 2021, at 95,564.29 MXN per ETH. Since then, the cryptocurrency has experienced significant volatility, with notable declines in 2022 and 2023. For instance, in November 2022, ETH was trading at approximately 24,214.50 MXN, and by October 2023, it had decreased to around 32,538.72 MXN.

Market Factors

Several factors have influenced Ethereum's performance against the Mexican Peso:

• Global Cryptocurrency Trends: The broader cryptocurrency market has experienced fluctuations due to regulatory developments, technological advancements, and macroeconomic factors.

• Economic Conditions in Mexico: The strength of the Mexican Peso, influenced by domestic economic policies, inflation rates, and trade balances, affects the ETH/MXN exchange rate.

• Ethereum Network Developments: Upgrades and changes within the Ethereum network, such as the transition to Ethereum 2.0, impact investor confidence and, consequently, the currency's value.

Conclusion

The ETH/MXN exchange rate has exhibited significant volatility over the past few years, influenced by a combination of global cryptocurrency trends, economic conditions in Mexico, and developments within the Ethereum network. Investors should remain vigilant and consider these factors when evaluating Ethereum's performance against the Mexican Peso.