Page 15 - 00 Encuesta de Salarios y Beneficios/Wage and Benefits Survey Abril 2024

Exchange Rate

This section shows the expectations for the peso vs US dollar exchange rate for 2024,
2025, and 2026 (Chart 11 y Charts 21 to 23), as well as the forecasts for this variable

for each of the following twelve months (Chart 12.) As you can see, the expectations
for the expected levels for peso vs US dollar exchange rate for the 2024 and 2025

closings had a downtrend according to the previous month.

Chart 11. Expectations for the Exchange rate for year-end
closing

Mean Median

Survey Survey

Jan. Feb. Jan. Feb.

For 2024 18.38 18.33 18.50 18.31

For 2025 19.04 18.99 19.10 19.00

For 2026 19.37 19.32 19.30 19.23

Souce: Banco de Mexico Feb. 2024