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Exchange Rates, 1993-2018 Exchange rate (pesos per U.S. dollar) Pesos 25 20 15 Nominal exchange rate 10 Real exchange rate 5 1993 2000 2005 2010

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Exchange Rates, 1993-2018 Exchange rate (pesos per U.S. dollar) Pesos 25 20 15 Nominal exchange rate 10 Real exchange rate 5 1993 2000 2005 2010 2015 2018 Year X IN O P WFigure 3: Real versus nominal exchange rates, 1993-2018 Figure 4: Inflation rate in Mexico: 1993-2018 Figure 5: Inflation rate in the U.S.: 1993-2018 2) Figure 3 shows the real and the nominal exchange rates between the U.S. dollar and the Mexican peso. X N O P W

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