Dollar drops in Mexico and Colombia

Posted on 08/13/26 at 10:00

The dollar fell again this Thursday, August 13, in Mexico and Colombia, while in the Dominican Republic it remained stable.

The change may seem small from one day to the next, but it has different effects depending on which side of the operation you are on: it’s not the same to buy dollars as it is to receive and convert them to pesos.

For those who need dollars to travel, buy, or cover expenses in the United States, the decline may be good news. For families who receive money from abroad, on the other hand, a cheaper dollar means getting less local currency for the same amount sent.

Get up to date:

In Mexico, the dollar fell to 17.0627 pesos, according to Banxico.
In Colombia, it retreated to 3,123.321 Colombian pesos, according to the Bank of the Republic.
In the Dominican Republic, it remained stable, with RD$58.40 for purchase and RD$58.74 for sale.

Why it matters: The price of the dollar determines how much you get when you exchange money and how much you need to buy it. That’s why the same decline can represent a savings for some people and less money for others.

The Dollar Continues to Fall in Mexico: Who Can Benefit?

Mexico is experiencing one of the most significant movements of the day. With the dollar at 17.0627 pesos according to Banxico, those who need to buy US currency find a lower price.

The benefit can be felt especially among those planning a trip to the United States, needing dollars to cover expenses there, or making purchases whose price is fixed in that currency.

However, the price a person finds when going to a financial institution can be different:

This Thursday, the exchange market records $16.76 for purchase and $17.31 for sale, while Banco Azteca offers $16.75 for purchase and $17.84 for sale.

This difference leaves a simple recommendation: compare before exchanging. The overall level of the dollar may be falling, but the final price you pay depends on the place where you make the operation.

Remittances Can Yield Less When Converted to Pesos

The other side of a cheaper dollar appears for those who receive money from the United States.

When a family receives dollars and needs to convert them to Mexican pesos, a decline in the price means that each dollar delivers fewer pesos than when the US currency was more expensive.

For example, the amount sent from the United States may remain exactly the same, but the final amount available in local currency may decrease if the dollar continues to fall.

That’s why this Thursday’s movement mainly benefits those who buy dollars, while it may work against those who sell them or receive income in that currency and need to convert it to pesos.

Colombia Also Feels the Dollar’s Decline This Thursday

In Colombia, the movement is going in the same direction, although today’s decline is slight. The dollar is at 3,123.321 Colombian pesos, according to the data provided by the Bank of the Republic.

In the exchange market in Bogotá, however, the values are different:

Purchase: $3,200
Sale: $3,340

For those who need to buy dollars, a lower price can reduce the amount of pesos needed to obtain the same amount of US currency.

For those who receive dollars from abroad, the opposite happens: if they need to exchange them immediately, they receive fewer Colombian pesos when the dollar falls.

The Dominican Republic Has a Different Scenario

The Dominican Republic is separating itself from what happened in Mexico and Colombia this Thursday.

The dollar remains stable according to the Central Bank, with a price of RD$58.40 for purchase and RD$58.74 for sale.

This means that, at least with today’s data, Dominicans do not face the same change as those who conduct operations with dollars in Mexico or Colombia.

The stability also offers greater predictability for those who need to exchange money, since the price does not register a decline like the one observed in the other two countries.

Buying or Selling Dollars Completely Changes the Impact

This Thursday’s session leaves a simple but important difference: the decline of the dollar does not benefit everyone equally.

Those who need to buy dollars can take advantage of requiring less local currency to get them. Those who have dollars and want to exchange them, on the other hand, may receive less money.

For families that depend on remittances, this difference can become more visible if the decline continues. For those who have upcoming expenses in dollars, the movement can represent an opportunity to pay less than when the US currency was more expensive.

What’s Next: The question now is whether the dollar will continue to fall in Mexico and Colombia or if these prices will begin to stabilize. While that happens, comparing the purchase and sale price before making an operation can make a difference in how much money actually ends up in your pocket.