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Mexico / daily reference rate

Mexico Risk Free Rate

MXN short-term reference rate: daily observations, historical rates and changes for Mexico. This page shows Mexico's published MXN short-term reference rate observations. Check the source definition before treating the series as an overnight benchmark or a policy-rate proxy.

Rate
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As of
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Daily change
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History starts
2020-01-02

Why Risk Free Rate matters for MXN

Short-term reference rates provide a basis for funding-cost and carry comparisons. A valuation discount rate must also match the cash-flow currency and maturity; an overnight rate is not a substitute for a long-term government-bond yield.

How to read the daily series

Each date identifies a rate observation, not a monetary-policy decision. Compare the same reference dates and units across markets, and check the source's secured or unsecured basis. Differences in frequency or benchmark design can affect comparisons.

Risk Free Rate and USD/MXN

Daily overnight-rate observations from Banco de Mexico, overlaid with USD/MXN on a separate scale. Unit: %.

Daily observations are not currently available for this series.

Recent daily observations

The basis-point change compares each rate with the prior available observation.

Daily observation rows are not currently available for this series.

Mexico Risk Free Rate API docs

Request the published daily rate history directly from the versioned API endpoint.

Endpoint coverage and contract

Use /api/v1/announcements/mxn/risk_free_rate with start_date, end_date, and limit, sending your API key in the X-API-Key header, to retrieve the series.

Currently documented history begins on 2020-01-02 for this endpoint.

Production OpenAPI schema: https://api.fxmacrodata.com/openapi.json

Common questions

Practical context for using this daily overnight-rate series.

What does the Mexico risk-free-rate page measure?

This page shows Mexico's published MXN short-term reference rate observations. Check the source definition before treating the series as an overnight benchmark or a policy-rate proxy.

Can I use this rate for long-term valuation?

Choose a discount-rate proxy that matches the cash-flow currency and maturity. Overnight benchmarks, Treasury bills and long-term government-bond yields measure different horizons and are not interchangeable.

Does each daily rate have a policy announcement?

No. These are daily rate observations. Monetary-policy decisions belong to the separate policy-rate series.