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Mexican Peso to Euro (MXN/EUR) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: December 5, 2024 (9:02)
Reverse forecast: EUR to MXN
Mexican Peso / Euro price online today
| Now | Tomorrow | 7 Days | 30 Days | |
|---|---|---|---|---|
| 100 Mexican Peso (MXN) to Euro (EUR) | 4.7 | 4.6 | 4.6 | |
| 200 Mexican Peso (MXN) to Euro (EUR) | 9.3 | 9.2 | 9.2 | |
| 500 Mexican Peso (MXN) to Euro (EUR) | 23.3 | 23.1 | 23 | |
| 1000 Mexican Peso (MXN) to Euro (EUR) | 46.6 | 46.2 | 46.1 | |
| 3000 Mexican Peso (MXN) to Euro (EUR) | 139.7 | 138.6 | 138.2 |
How much will the MXN/EUR currency pair cost in 2025, 2026 and 2027? What is the forecast for the MXN/EUR currency pair? What is the target price of the Mexican Peso / Euro currency pair for 2025-2027?
We continuously scrutinize the key events in the news flow to assist you in tackling the essential question: Will the Mexican Peso rise or fall against the Euro?
Identifying the trend of the MXN/EUR currency pair
In the recent developments surrounding the MXN/EUR exchange rate, the news on Euro Manganese's revised financing deal with Orion Resource Partners emerges as noteworthy. Its somewhat bullish sentiment indicates that increased investor confidence in Eurozone mining projects could contribute positively to the EUR. As such, a stronger investment climate may ensue, potentially bolstering the EUR ahead.
Conversely, France's current political instability, with expectations of a persistently high public deficit and mounting debt, casts a shadow over economic confidence. This uncertainty is likely to negatively impact the EUR, tempering earlier optimistic views.
Meanwhile, the European Central Bank's advances in offline digital euro transactions lend a supportive backdrop to the EUR, albeit with neutral sentiment. While this initiative builds in user privacy and utility, its long-term effects on exchange rates remain peripheral.
Additionally, significant wealth disparity forecasts due to potential Bitcoin surges could result in cautious investor behavior. This leads to a neutral to slightly negative sentiment regarding the EUR, as stakeholders navigate anticipated shifts in digital asset influence over traditional currencies.
Investors should remain vigilant and anticipate moderated volatility in the short term, aligning their strategies with these unfolding economic dynamics.
MXN Trend Prediction
As of now, Panda has analyzed 5 news pieces concerning the MXN currency. The average relevance score for these news items is 0.15 (with the closer to 1 being more relevant).|
2024-11-28
|
Bearish | Impact: -0.27 | News: 1 (0/0/1) |
|
2024-11-26
|
Neutral | Impact: -0.09 | News: 2 (0/1/1) |
|
2024-11-06
|
Bullish | Impact: 0.01 | News: 2 (1/0/1) |
Trump Highlights Productive Talks with Mexican President Sheinbaum on Migration Control
November 28, 2024 (01:05)
Trend: Somewhat-Bearish
Influence: -0.27
The news about Mexico's agreement to curb migration and drug inflow as discussed by Trump and Sheinbaum has caused a somewhat bearish sentiment towards the MXN. This could be due to concerns about possible economic implications for Mexico related to stricter migration controls and their potential impact on remittance inflows.
Goldman Sachs Warns of Mexican Peso Selloff Amid Trump Tariff Proposals
November 26, 2024 (21:48)
Trend: Neutral
Influence: 0.01
The proposed tariffs by President-elect Trump could disrupt trade relationships central to Mexico's economy, leading to increased volatility in the Mexican Peso. The uncertainty surrounding USMCA agreement stability further exacerbates the risks, potentially straining the MXN exchange rate due to anticipated changes in trade dynamics.
EUR Trend Forecasting
Regarding the EUR currency, 56 news pieces were analyzed. The average relevance of these news items is 0.34 (the closer to 1, the higher).|
2024-12-04
|
Neutral | Impact: 0.08 | News: 3 (1/2/0) |
|
2024-12-03
|
Neutral | Impact: 0.04 | News: 1 (0/1/0) |
|
2024-11-30
|
Neutral | Impact: -0 | News: 1 (0/1/0) |
|
2024-11-29
|
Neutral | Impact: -0.15 | News: 2 (0/1/1) |
|
2024-11-28
|
Bullish | Impact: 0.17 | News: 2 (1/1/0) |
|
2024-11-27
|
Neutral | Impact: 0.01 | News: 2 (0/2/0) |
|
2024-11-22
|
Neutral | Impact: 0.07 | News: 3 (1/2/0) |
Unieuro Receives Voluntary Public Tender and Exchange Offer for Shares
December 4, 2024 (17:15)
Trend: Neutral
Influence: 0.11
The announcement of a voluntary public tender and exchange offer for Unieuro shares has generated interest in the company, indicating potential investment and economic activity within the European market. However, the effect on the EUR exchange rate remains neutral as the sentiment suggests limited immediate impact on broader economic conditions.
Euro Manganese Revises Terms of $100 Million Financing with Orion Resource Partners
December 4, 2024 (12:30)
Trend: Somewhat-Bullish
Influence: 0.23
The revised funding package for Euro Manganese could positively influence the EUR due to increased investor confidence in the region's mining projects, which may boost economic activities. This somewhat bullish sentiment reflects expectations that this development will contribute to financial stability and growth in the Eurozone.
This chart provides a comparative trend analysis of sentiment scores over time for MXN and EUR currencies, displaying their respective news coverage and associated sentiment.
By visualizing sentiment trends and news volume, investors and brokers can identify potential market-moving events, gauge market sentiment, and make more informed trading decisions.
Historical and forecast chart of the Mexican Peso/Euro currency pair
The chart below shows the historical quotes of the MXN/EUR pair and the forecast chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. A detailed forecast of the Mexican Peso/Euro rate can be found in the table below.
Long-term forecasts by years.
MXN Main News
Mexican Peso and Canadian Dollar Tumble as Trump Plans Tariff Strategy
November 26, 2024 (14:27)
Trend: Somewhat-Bearish
Influence: -0.19
Donald Trump's announcement to impose significant tariffs on key U.S. trade partners is putting pressure on the Mexican Peso. The potential for increased trade barriers with the U.S. creates uncertainty for Mexico's economy, leading to a bearish sentiment on the MXN exchange rate.
Key Tronic (KTCC) Reports Higher Earnings Amid Revenue Drop
November 6, 2024 (16:36)
Trend: Somewhat-Bullish
Influence: 0.24
The positive sentiment towards the MXN is partly due to favorable exchange rates benefitting Key Tronic's cost structure, suggesting a stronger peso. This environment encourages businesses to manage operations more efficiently, hence lifting investor confidence in the MXN.
U.S. Dollar Index Records Largest Single-Day Surge Since Brexit Following Trump's 2024 Election Win
November 6, 2024 (14:25)
Trend: Somewhat-Bearish
Influence: -0.21
Trump's victory in the 2024 presidential election has led to a surge in the U.S. Dollar Index, creating downward pressure on the Mexican Peso (MXN). As the dollar strengthens, emerging market currencies like the MXN often experience depreciation, reflecting a bearish outlook.
EUR Main News
Political Instability in France Threatens Economic Prosperity
December 4, 2024 (07:58)
Trend: Neutral
Influence: -0.11
The political turmoil in France is expected to keep the public deficit high and lead to increasing national debt, directly impacting investor confidence. As a result, the uncertainty surrounding France's fiscal health exerts negative pressure on the EUR exchange rate.
ECB Advances in Enabling Offline Digital Euro Transactions for Mobile Users
December 3, 2024 (14:56)
Trend: Neutral
Influence: 0.04
The progress of the ECB in developing offline capabilities for the digital euro can bolster confidence in the euro by maintaining privacy similar to cash transactions, which may influence its adoption and usability. However, the neutral sentiment reflects that while this development is positive, it is seen as part of an ongoing process that may not immediately affect the EUR exchange rate.
Kiyosaki Predicts Bitcoin Surge, Questions Wealth Equality
November 30, 2024 (20:15)
Trend: Neutral
Influence: -0
The news highlights the impact of wealth disparity predictions related to Bitcoin, causing concerns that can reflect market sentiment, including the EUR exchange rate. Such discussions might lead to cautious investor behavior, creating a neutral to slightly negative sentiment for the EUR as markets adjust to potential shifts in wealth distribution.
Coinbase Discontinues USDC Rewards in Europe Ahead of MiCA Regulation Compliance
November 29, 2024 (11:34)
Trend: Neutral
Influence: -0.13
The decision by Coinbase to end its USDC rewards program in Europe signals increased regulatory scrutiny, which may cause uncertainty in the financial markets and negatively impact the EUR exchange rate. As the crypto industry adapts to the upcoming MiCA regulations, investors could become cautious, leading to a slight depreciation of the euro against other currencies.
Inflation in Euro Zone Hits 2.3% in November, Aligns with Projections
November 29, 2024 (10:17)
Trend: Somewhat-Bearish
Influence: -0.17
The anticipations of a 25 basis point interest rate cut by the ECB have caused a somewhat bearish sentiment on the EUR. Such a cut could signal more accommodative monetary policy, potentially leading to a weaker euro as lower rates tend to decrease currency value.
Macroscope | Germany's Economic Challenges Overshadow China's Tariff Issues
November 28, 2024 (08:30)
Trend: Neutral
Influence: 0.12
The EUR's exchange rate remains neutral as the market weighs the impact of Germany's economic stagnation and declining exports amid geopolitical tensions. While these factors could pressure the EUR, the market sentiment indicates that the news is currently having a balanced effect, pending further developments.
OKX Unveils Cryptocurrency Exchange and Web3 Wallet Services in Belgium
November 28, 2024 (08:00)
Trend: Somewhat-Bullish
Influence: 0.22
The launch of OKX's new exchange and Web3 wallet in Belgium reflects a growing confidence in the cryptocurrency market within the region, contributing to a positive sentiment for the Euro. Despite the inherent risks and lack of protective legal mechanisms in the virtual currency market, this development indicates potential for increased financial innovation and investment opportunities, thereby exerting a somewhat bullish effect on the EUR exchange rate.
Caisse Francaise de Financement Local EMTN Issuance Announced for 2024-8
November 27, 2024 (18:50)
Trend: Neutral
Influence: -0.1
The announcement of a new EMTN issuance by Caisse Francaise may create uncertainty regarding the supply of European debt instruments, thus exerting minimal downward pressure on the EUR. As a result, the EUR exchange rate appears to be slightly impacted, maintaining a neutral to mildly negative sentiment.
Tether Halts Euro-Backed Stablecoin Issuance Due to Regulatory Pressure
November 27, 2024 (15:56)
Trend: Neutral
Influence: 0.12
The decision by Tether to stop issuing the EURT token introduces uncertainty around euro-backed digital assets, which could marginally impact investor confidence in the euro's integration with digital currencies. However, the neutral sentiment and minor positive relevance score suggest that the impact on the overall EUR exchange rate is expected to be limited.
EU GDP Forecast Downgraded by European Commission Due to Geopolitical Tensions
November 22, 2024 (18:51)
Trend: Neutral
Influence: 0
The European Commission's downgrade in GDP growth forecasts for the EU reflects heightened geopolitical risks, which can affect investor sentiment and contribute to uncertainty surrounding the EUR. As this news holds a neutral effect on the EUR exchange rate, it suggests that traders may have already factored in these risks, leading to a muted market response.
Ferrari N.V. Announces Progress in Share Buyback Program
November 22, 2024 (13:25)
Trend: Somewhat-Bullish
Influence: 0.25
The announcement of Ferrari's substantial share buyback program is likely seen as a vote of confidence in the company's financial health, which can positively influence investor sentiment towards the Euro. The market's somewhat bullish response indicates that investors associate Ferrari's actions with strengthening economic prospects in the Eurozone.
Spain Imposes $187 Million Fines on Budget Airlines for Excessive Baggage Fees
November 22, 2024 (11:28)
Trend: Neutral
Influence: -0.04
The fines levied on budget airlines like Ryanair and EasyJet by Spain's Consumer Rights ministry underscore concerns about consumer protection within the EU. While perceived as neutral overall, this regulatory action could slightly impact investor sentiment towards airlines in Europe, contributing to a modest negative effect on the EUR exchange rate.
JSC Siguldas Announces Nine-Month 2024 Financial Results with Revenue Growth and Reduced Profit
November 21, 2024 (14:10)
Trend: Somewhat-Bullish
Influence: 0.26
The increase in net turnover, despite reduced profit, reflects a steady demand which slightly boosts confidence in the EUR. The somewhat-bullish sentiment indicates that market participants view the revenue growth as a positive sign for future financial stability, slightly strengthening the EUR.
Nykredit Realkredit A/S Updates Euro Medium Term Note Program Terms
November 20, 2024 (07:47)
Trend: Neutral
Influence: 0
The news reflects adjustments in Nykredit Realkredit's Euro Medium Term Note Programme, which suggests stability in the company's financial activities. This stability likely contributes to a neutral market reaction for the EUR, as indicated by the absence of significant changes in the EUR exchange rate.
Heightened Russia-U.S. Nuclear Tensions Affect Global Markets
November 19, 2024 (12:37)
Trend: Somewhat-Bullish
Influence: 0.15
The increased geopolitical tensions between Russia and the U.S. have led investors to seek safer assets, which may have caused some fluctuations in currency markets like the euro. However, the somewhat bullish outlook for the EUR suggests that the euro remains stable despite the initial market shock.
Comprehensive Analysis of News and Events influencing the MXNEUR currency pair
We predict the dynamics of currency pairs using resonant artificial intelligence systems. Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.
The results of forecasts of the Mexican Peso/Euro currency pair are shown below and presented in the form of charts, tables and text information, divided into time intervals (Next month, 2025, 2026 and 2027).
Forecasts are adjusted once a day taking into account the price change of the previous day.
Mexican Peso / Euro Daily Forecast for a Month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Dec 07 | 0.0466 | 0.0462 | 0.0468 | 1.28 % |
| Dec 08 | 0.0464 | 0.0461 | 0.0467 | 1.34 % |
| Dec 09 | 0.0466 | 0.0464 | 0.0469 | 1.08 % |
| Dec 10 | 0.0463 | 0.0459 | 0.0465 | 1.18 % |
| Dec 11 | 0.0465 | 0.0462 | 0.0467 | 1.09 % |
| Dec 12 | 0.0462 | 0.0460 | 0.0465 | 1.09 % |
| Dec 13 | 0.0458 | 0.0456 | 0.0460 | 1.06 % |
| Dec 14 | 0.0459 | 0.0456 | 0.0462 | 1.23 % |
| Dec 15 | 0.0454 | 0.0450 | 0.0459 | 1.94 % |
| Dec 16 | 0.0460 | 0.0456 | 0.0464 | 1.80 % |
| Dec 17 | 0.0461 | 0.0458 | 0.0464 | 1.37 % |
| Dec 18 | 0.0460 | 0.0458 | 0.0462 | 0.97 % |
| Dec 19 | 0.0458 | 0.0456 | 0.0462 | 1.23 % |
| Dec 20 | 0.0457 | 0.0453 | 0.0462 | 2.03 % |
| Dec 21 | 0.0457 | 0.0452 | 0.0462 | 2.39 % |
| Dec 22 | 0.0450 | 0.0447 | 0.0453 | 1.35 % |
| Dec 23 | 0.0453 | 0.0451 | 0.0457 | 1.27 % |
| Dec 24 | 0.0453 | 0.0450 | 0.0455 | 1.25 % |
| Dec 25 | 0.0461 | 0.0455 | 0.0465 | 2.20 % |
| Dec 26 | 0.0465 | 0.0459 | 0.0471 | 2.62 % |
| Dec 27 | 0.0464 | 0.0461 | 0.0466 | 1.01 % |
| Dec 28 | 0.0471 | 0.0466 | 0.0473 | 1.40 % |
| Dec 29 | 0.0469 | 0.0467 | 0.0475 | 1.86 % |
| Dec 30 | 0.0464 | 0.0460 | 0.0470 | 2.20 % |
| Dec 31 | 0.0464 | 0.0458 | 0.0467 | 1.86 % |
| Jan 01 | 0.0458 | 0.0454 | 0.0463 | 1.82 % |
| Jan 02 | 0.0460 | 0.0458 | 0.0465 | 1.58 % |
| Jan 03 | 0.0461 | 0.0458 | 0.0466 | 1.72 % |
| Jan 04 | 0.0460 | 0.0455 | 0.0464 | 2.09 % |
| Jan 05 | 0.0461 | 0.0455 | 0.0465 | 2.02 % |
Target daily price MXN/EUR
Target values of the MXN/EUR currency pair as of 12-07-2024.
Optimistic target level: 0.0468
Pessimistic target level: 0.0462
Target values of the MXN/EUR currency pair as of 12-08-2024.
Optimistic target level: 0.0467
Pessimistic target level: 0.0461
Target values of the MXN/EUR currency pair as of 12-09-2024.
Optimistic target level: 0.0469
Pessimistic target level: 0.0464
Target values of the MXN/EUR currency pair as of 12-10-2024.
Optimistic target level: 0.0465
Pessimistic target level: 0.0459
Target values of the MXN/EUR currency pair as of 12-11-2024.
Optimistic target level: 0.0467
Pessimistic target level: 0.0462
Mexican Peso / Euro (MXN/EUR) Forecast 2025 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.0451 | 0.0443 | 0.0473 | 6.28 % |
| Feb | 0.0447 | 0.0431 | 0.0455 | 5.27 % |
| Mar | 0.0455 | 0.0439 | 0.0479 | 8.23 % |
| Apr | 0.0440 | 0.0417 | 0.0459 | 9.16 % |
| May | 0.0453 | 0.0429 | 0.0466 | 7.88 % |
| Jun | 0.0431 | 0.0418 | 0.0449 | 6.89 % |
| Jul | 0.0418 | 0.0404 | 0.0432 | 6.39 % |
| Aug | 0.0404 | 0.0386 | 0.0411 | 5.90 % |
| Sep | 0.0406 | 0.0391 | 0.0424 | 7.87 % |
| Oct | 0.0380 | 0.0371 | 0.0386 | 3.75 % |
| Nov | 0.0408 | 0.0397 | 0.0420 | 5.52 % |
| Dec | 0.0437 | 0.0419 | 0.0454 | 7.63 % |
MXN/EUR forecast for this year
Forecast of the MXN/EUR pair for Jan 2025
Forecast of the MXN/EUR pair for Feb 2025
Forecast of the MXN/EUR pair for Mar 2025
Forecast of the MXN/EUR pair for Apr 2025
Forecast of the MXN/EUR pair for May 2025
Forecast of the MXN/EUR pair for Jun 2025
Forecast of the MXN/EUR pair for Jul 2025
Forecast of the MXN/EUR pair for Aug 2025
Forecast of the MXN/EUR pair for Sep 2025
Forecast of the MXN/EUR pair for Oct 2025
Forecast of the MXN/EUR pair for Nov 2025
Forecast of the MXN/EUR pair for Dec 2025
Mexican Peso / Euro (MXN/EUR) Forecast 2026 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.0440 | 0.0422 | 0.0458 | 7.70 % |
| Feb | 0.0451 | 0.0443 | 0.0462 | 4.18 % |
| Mar | 0.0426 | 0.0412 | 0.0439 | 6.12 % |
| Apr | 0.0426 | 0.0407 | 0.0440 | 7.46 % |
| May | 0.0436 | 0.0419 | 0.0456 | 8.05 % |
| Jun | 0.0419 | 0.0401 | 0.0445 | 9.72 % |
| Jul | 0.0392 | 0.0376 | 0.0399 | 5.66 % |
| Aug | 0.0418 | 0.0411 | 0.0436 | 5.72 % |
| Sep | 0.0415 | 0.0394 | 0.0435 | 9.42 % |
| Oct | 0.0405 | 0.0391 | 0.0415 | 5.96 % |
| Nov | 0.0411 | 0.0390 | 0.0435 | 10.38 % |
| Dec | 0.0407 | 0.0387 | 0.0425 | 9.09 % |
Mexican Peso / Euro (MXN/EUR) Forecast 2027 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.0410 | 0.0395 | 0.0431 | 8.15 % |
| Feb | 0.0404 | 0.0397 | 0.0425 | 6.77 % |
| Mar | 0.0415 | 0.0392 | 0.0439 | 10.62 % |
| Apr | 0.0443 | 0.0421 | 0.0464 | 9.37 % |
| May | 0.0460 | 0.0448 | 0.0479 | 6.50 % |
| Jun | 0.0471 | 0.0449 | 0.0496 | 9.40 % |
| Jul | 0.0460 | 0.0453 | 0.0485 | 6.70 % |
| Aug | 0.0459 | 0.0437 | 0.0469 | 6.76 % |
| Sep | 0.0463 | 0.0443 | 0.0482 | 8.07 % |
| Oct | 0.0445 | 0.0427 | 0.0459 | 7.02 % |
| Nov | 0.0440 | 0.0429 | 0.0460 | 6.85 % |
| Dec | 0.0445 | 0.0424 | 0.0471 | 10.02 % |