Exchange Rate Calculator

The exchange rate between the Mexican Peso (MXN) and the Japanese Yen (JPY) is a critical indicator for investors and businesses engaged in trade between Mexico and Japan. Analyzing the recent trends and forecasts of the MXN/JPY pair provides valuable insights into the economic dynamics influencing these currencies.

Recent Performance of MXN/JPY

Over the past six months, the MXN/JPY exchange rate has exhibited notable fluctuations. The highest rate recorded was ¥7.8008 per peso on December 26, 2024, while the lowest was ¥7.2124 on March 3, 2025. The average exchange rate during this period was approximately ¥7.5265.

In the first quarter of 2025, the exchange rate experienced a downward trend, reaching its lowest point in early March. This decline can be attributed to various factors, including economic indicators and geopolitical events affecting both countries.

Technical Analysis Indicators

Technical analysis provides a framework for understanding the potential future movements of the MXN/JPY exchange rate. As of March 27, 2025, several key indicators suggested a bearish outlook:

• Relative Strength Index (RSI): The 14-day RSI stood at 47.012, indicating neutral momentum.
• Moving Average Convergence Divergence (MACD): The MACD value was -0.008, signaling a potential downward trend.
• Moving Averages: The 50-day simple moving average (SMA) was ¥7.4626, while the 200-day SMA was ¥7.4517, both above the current exchange rate, suggesting bearish momentum.

Forecasts and Projections

Looking ahead, various forecasts provide differing perspectives on the MXN/JPY exchange rate:

• Short-Term Forecasts: Some analyses predict a modest increase in the exchange rate over the next month, with projections around ¥7.41, representing a 1.42% rise from the current rate.

• Medium-Term Forecasts: Other projections anticipate a more significant appreciation of the peso against the yen, forecasting an exchange rate of ¥8.2195 in one month, an 11.76% increase from the current rate.

• Long-Term Forecasts: By the end of 2025, the exchange rate is expected to average around ¥7.3275, with values ranging between ¥7.3130 and ¥7.3421.

Factors Influencing the Exchange Rate

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

• Economic Indicators: GDP growth, inflation rates, and interest rates in both Mexico and Japan significantly impact their respective currencies. For instance, higher interest rates in Mexico compared to Japan can attract investors seeking better returns, strengthening the peso against the yen.

• Geopolitical Events: Trade agreements, political stability, and international relations influence investor confidence and currency valuations. Any developments in trade policies between Mexico and Japan can affect the exchange rate.

• Central Bank Policies: Decisions by the Bank of Mexico and the Bank of Japan regarding monetary policy, such as changes in interest rates or quantitative easing measures, directly impact the strength of their currencies.

Conclusion

The MXN/JPY exchange rate has experienced volatility over the past few months, influenced by a combination of economic indicators, geopolitical events, and central bank policies. While short-term forecasts suggest potential appreciation of the peso against the yen, long-term projections indicate a more stable exchange rate. Investors and businesses should closely monitor these factors to make informed decisions regarding transactions involving the Mexican Peso and Japanese Yen.