**Exchange Rate in Tijuana**
As of Tuesday, November 5, 2024, the dollar’s exchange rate in Tijuana has been observed. The buying rate is around $19.30 pesos, while the selling rate fluctuates between $19.60 pesos across various exchange vendors in the city. Here are some rates from different banks:
– **Citibanamex**: Buy $19.19, Sell $20.32
– **Banco del Bajío**: Buy $18.90, Sell $20.50
– **Banorte**: Buy $18.60, Sell $20.15
– **HSBC**: Buy $18.85, Sell $20.32
– **BBVA Bancomer**: Buy $18.94, Sell $20.11
– **Scotiabank**: Buy $17.00, Sell $20.80
– **Inbursa**: Buy $19.20, Sell $20.20
– **Santander**: Buy $18.70, Sell $20.40
– **Banregio**: Buy $18.30, Sell $20.30
– **Banco Azteca**: Buy $18.45, Sell $20.15
– **BanCoppel**: Buy $18.87, Sell $20.35
These rates indicate the varying opportunities for buying and selling dollars in the region.
**Secondary Article: Economic Indicators Affecting Exchange Rates**
In recent news, the fluctuating exchange rates in Tijuana can be attributed to several economic indicators both locally and internationally. The value of the dollar against the Mexican peso has been influenced by ongoing economic conditions, including inflation rates, interest rate adjustments, and trade agreements.
Experts highlight that the Mexican economy is experiencing moderate growth, which has helped stabilize the peso in recent months. Furthermore, global market trends, such as changes in U.S. monetary policy and shifts in international trade relationships, continue to impact foreign exchange dynamics.
Additionally, increased international tourism and remittances from abroad have bolstered the demand for pesos, providing some support for the local currency amidst global uncertainties. As the world navigates economic recoveries, Tijuana’s exchange rates are anticipated to reflect broader economic trends.
Stay informed on the latest exchange rate developments and economic insights by following our updates.