Key Facts
—The move. The peso has strengthened about 22% since early 2025, one of Latin America’s best-performing currencies.
—The level. The exchange rate fell from about 4,308 pesos per dollar in January 2025 to near 3,334 by early July 2026, a six-year low for the dollar.
—Who hurts. Coffee, flowers, bananas, palm oil, sugar and avocado exporters earn fewer pesos for each dollar of sales.
—The coffee math. Think tank ANIF says each 100-peso move in the rate shifts coffee export value by about 34 billion pesos ($10 million).
