The USD/MXN exchange rate rose steadily this week, hitting a high of 20.82 on Tuesday. This marks the highest level since July 2022 and represents a striking 27% increase from its lowest point this year. Currently, the Mexican peso faces significant challenges, making it one of the worst-performing currencies amid ongoing trade war tensions with the US. Analysts speculate that this trend could persist as uncertainties about trade relations weigh heavily on the currency’s performance. Investors should closely monitor news and economic indicators as these developments can significantly influence the USD/MXN exchange rate.