The US 2024 election process has finally begun and several economic areas have already been affected, among them, the exchange rate value of the US dollar.

According to information shared so far, on Tuesday, November 5, the US dollar is being bought in exchange shops in Tijuana at 19.10 pesos per dollar and being sold at 20.60 pesos per dollar.

If we compare these with yesterday’s values (buying rate: 19.03 / selling rate: 19.55), we can see that the buying rate slightly increased and the selling rate increased by over one peso.

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Despite this, the last few days have been noted for showing a volatile market in this area. Though some places in central Mexico have shown a dollar with less value, the opposite has occurred in Tijuana.

This volatility ticked up when the latest polls showed Republican candidate Donald Trump with chances of winning the election. Investors, meanwhile, are keeping an eye on this electoral event to respond to the markets.

This means that the average value of the dollar in Tijuana is currently 20.12 for this Tuesday.

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