Exchange Rate Calculator

The exchange rate between the British Pound (GBP) and the Mexican Peso (MXN) has exhibited notable fluctuations over the past few months. This report provides an analysis of the recent trends, technical indicators, and forecasts to offer a comprehensive understanding of the GBP/MXN currency pair.

Recent Exchange Rate Trends

As of May 3, 2025, the GBP/MXN exchange rate stands at approximately 25.79. Over the past year, the pair has experienced significant volatility:

• 52-Week Range: The highest exchange rate was 26.78 on November 6, 2024, and the lowest was 20.564 on April 12, 2024.

• Six-Month Performance: In the last six months, the exchange rate peaked at 26.78 on November 6, 2024, and reached its lowest at 24.945 on January 14, 2025.

• Three-Month Performance: Over the past three months, the highest rate was 26.721 on March 4, 2025, with a low of 24.945 on January 14, 2025.

• One-Month Performance: In the last month, the exchange rate reached a high of 26.721 on March 4, 2025, and a low of 25.445 on February 18, 2025.

Technical Analysis

Technical indicators provide insights into the potential future movements of the GBP/MXN exchange rate. As of March 4, 2025, the technical analysis suggests a strong buy signal:

• Moving Averages: All moving averages (MA5, MA10, MA20, MA50, MA100, MA200) indicate a buy signal, with the simple moving averages ranging from 25.8448 (MA200) to 26.2715 (MA5).

• Technical Indicators: The Relative Strength Index (RSI) at 81.708 indicates an overbought condition. Other indicators such as MACD (0.117), ADX (52.771), and CCI (139.0475) also suggest a buy signal.

Forecasts and Projections

Looking ahead, various forecasts provide insights into the expected movements of the GBP/MXN exchange rate:

• Short-Term Forecast: In three months, the exchange rate is projected to be 26.04, a slight decrease of 0.41% from the current rate.

• Medium-Term Forecast: In six months, the rate is expected to be 25.83, a decrease of 1.21%.

• Long-Term Forecast: By the end of 2025, the average exchange rate is forecasted to be approximately 26.7973, with values ranging between 26.7440 and 26.8505.

Factors Influencing the Exchange Rate

Several factors contribute to the fluctuations in the GBP/MXN exchange rate:

• Economic Indicators: Differences in economic growth rates, inflation, and employment figures between the UK and Mexico can impact the exchange rate.

• Monetary Policies: Decisions by the Bank of England and the Bank of Mexico regarding interest rates and monetary policies influence currency valuations.

• Political Events: Political stability, trade agreements, and geopolitical events can lead to currency volatility.

• Global Market Sentiment: Investor sentiment and risk appetite affect demand for currencies, impacting exchange rates.

Conclusion

The GBP/MXN exchange rate has shown significant volatility over the past year, influenced by various economic, political, and market factors. Technical analysis as of March 4, 2025, indicates a strong buy signal, while forecasts suggest a slight decrease in the exchange rate over the next six months. Investors and businesses engaged in GBP/MXN transactions should monitor these factors closely to make informed decisions.