Exchange Rate Calculator

The exchange rate between the Mexican Peso (MXN) and the Australian Dollar (AUD) has exhibited notable fluctuations over the past several months. This report provides an analysis of the MXN/AUD exchange rate trends, highlighting key movements and potential influencing factors.

Recent Exchange Rate Trends

January 2025:

• Highest Rate: On January 7, 2025, the MXN reached its peak against the AUD at 0.07891.

• Lowest Rate: The lowest exchange rate in January was recorded on January 27, 2025, at 0.07694.

• Average Rate: Throughout January, the average exchange rate was approximately 0.07806.

(exchange-rates.org)

February 2025:

• Fluctuations: The exchange rate experienced moderate fluctuations, with a notable increase towards the end of the month.

• End-of-Month Rate: By February 28, 2025, the exchange rate stood at 0.07833, marking a 0.18% increase from the previous day.

(investing.com)

March 2025:

• Stability: The exchange rate remained relatively stable, maintaining levels around 0.078.

• Average Rate: The average exchange rate for March was approximately 0.07746.

(investing.com)

Historical Context

Six-Month Overview (September 2024 - March 2025):

• Highest Rate: The MXN reached its highest value against the AUD on December 20, 2024, at 0.07966.

• Lowest Rate: The lowest exchange rate during this period was on September 27, 2024, at 0.07342.

• Average Rate: Over these six months, the average exchange rate was 0.07694.

• Overall Change: The MXN/AUD rate increased by approximately 3.94% during this period, indicating a strengthening of the MXN relative to the AUD.

(exchange-rates.org)

Factors Influencing the Exchange Rate

Several factors have contributed to the fluctuations in the MXN/AUD exchange rate:

1. Economic Indicators:

• GDP Growth: Differences in economic growth rates between Mexico and Australia can influence investor confidence and currency demand.

• Inflation Rates: Variations in inflation can affect purchasing power parity, impacting exchange rates.

• Interest Rates: Central bank policies regarding interest rates can attract or deter foreign investment, influencing currency values.

1. Geopolitical Events:

• Trade Agreements: New trade deals or disputes can affect economic outlooks and currency strength.

• Political Stability: Political events in either country can lead to market uncertainty, impacting exchange rates.

1. Commodity Prices:

• Oil Prices: As a significant oil exporter, Mexico's economy is sensitive to oil price fluctuations, which can affect the MXN.

• Mineral Exports: Australia's economy heavily relies on mineral exports; changes in global demand can influence the AUD.

Conclusion

The MXN/AUD exchange rate has shown moderate volatility over the past several months, with the Mexican Peso generally strengthening against the Australian Dollar. This trend reflects a combination of economic indicators, geopolitical events, and commodity price movements. Investors and businesses engaged in transactions between Mexico and Australia should monitor these factors closely to make informed decisions.