Peso Update

Back in early March I posted about what I thought the peso was going to do against the dollar and I was worried that we were heading towards $20 pesos per US $. I’m happy to say that I was specularly wrong. Turns out I was looking at the peso at the it’s lowest value and in the last couple months the peso has recovered quite a bit. As of today the peso stands at $13.16 pesos to the US $, which is about $4 pesos lower than I expected. Here is a graph¹ of the most recent monthly average exchange rates.

I still wouldn’t call this stable, but it is much more so than a couple months ago and at this point, it is what the most that can be asked for.

1. Have I mentioned how awesome Google Docs graphs are.  Simple clean and easy to embed.  Watch out Excel.  You can see the data and graph in Google Docs. ↩