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Gold vs. the Mexican peso

How much Mexican peso it took to buy one ounce of gold then, and how much it takes today.

What the Mexican peso lost against gold in 20 years
91 %

One ounce cost MX$ 6,388.26 in Oct 2006. Today it costs MX$ 74,933.21.

AgoOunce thenIn USD thenOunce today×Purchasing power lost
1 years (Oct 2025) MX$ 74,774.70US$ 4,058.00MX$ 74,933.21 1.0× 0 %
5 years (Oct 2021) MX$ 36,349.24US$ 1,777.00MX$ 74,933.21 2.1× 51 %
10 years (Oct 2016) MX$ 23,942.96US$ 1,267.00MX$ 74,933.21 3.1× 68 %
20 years (Oct 2006) MX$ 6,388.26US$ 586.00MX$ 74,933.21 11.7× 91 %

"Purchasing power lost" = how much less gold the same amount of money buys today. Then: monthly average (World Bank and BIS). Today: current spot price. Does not include consumer-price inflation.

Updated: Oct 30, 2026 10:59 UTC · 1 USD = 18.8336 MXN (market reference, ExchangeRate-API)

Other currencies

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Educational content, not financial advice. Read the disclaimer